Girish Shetti
Shanghai Disney’s Visitors Nears 4 Million, to Reach Break Even in 2017
| Girish Shetti | | Nov 12, 2016 07:22 AM EST |
The Shanghai Disney Resort appears to have hit the bullseye as Walt Disney Co. predicts that the park will hit break-even in its first full year of operation in 2017. The company's ambitious claim is backed by robust numbers indicating that the park drew nearly four million visitors during four months of operation.
China’s President Xi Vows to Quell Separatist Movements Amid Tensions in Hong Kong
| Girish Shetti | | Nov 11, 2016 02:07 PM EST |
China will not allow any group or political entity to split the country, President Xi Jinping said on Friday, giving a stern message to pro-democracy protestors in Hong Kong. The semi-autonomous city has been on the edge following a controversy at an oath taking ceremony on October 12.
China’s Influential Security Minister Meng Hongwei Elected as New Head of Interpol
| Girish Shetti | | Nov 10, 2016 01:14 PM EST |
Meng Hongwei, China's vice minister of public security, was elected as the president of Interpol on Thursday. Meng is the first-ever Chinese to be appointed as the head of the French-based organization which is widely considered as a "global police organization" by the international community.
India and China to set up 24-Hour Hotline to Fight Against Fake Currency Notes
| Girish Shetti | | Nov 10, 2016 10:20 AM EST |
India and China have agreed to open a 24x7 hotline to exchange information about fake currency notes. This decision was made during a meeting between Chinese leader Meng Jianzhu and Indian Home Minister Rajnath Singh on Wednesday.
Renault–Nissan to Launch Affordable Electric Car in China in 2 Years
| Girish Shetti | | Nov 10, 2016 08:05 AM EST |
Renault-Nissan Alliance is gearing up for the launch of a new electric car in China in two years. The new car would cost approximately $8000. The grand announcement was made by company's chief executive Carlos Ghosn at the Web Summit in Lisbon.
South China Sea Inclusion in Joint Statement with Japan will be India’s Mistake: Chinese Media Warns
| Girish Shetti | | Nov 09, 2016 07:40 PM EST |
Ahead of the slated visit of Indian Prime Minister Narendra Modi's to Japan, a state-controlled Chinese tabloid warned on Wednesday that New Delhi will make a serious mistake if it aligns with Japan on the South China Sea issue.
China Warns International Community not to Support 'Hong Kong Independence' Movement
| Girish Shetti | | Nov 09, 2016 02:46 PM EST |
China on Tuesday cautioned relevant countries not to offer any support to forces advocating "Hong Kong independence" movement. The warning comes amid growing protests across the semi-autonomous city against the Chinese government following the oath-taking ceremony controversy.
Sales of Cars in China Surges in October as Consumers Cash in on Tax Cuts
| Girish Shetti | | Nov 09, 2016 01:37 PM EST |
China's car market seems to be on a roll as the sales of passenger vehicles climbed for the eighth consecutive month in October. Chinese consumers rushed to buy especially small-engine cars to cash in on tax cuts that are due to expiry by the end of the year.
China’s Economic Recovery Remains Fragile as Export and Import Fall in October
| Girish Shetti | | Nov 09, 2016 10:15 AM EST |
With global demand showing no signs of improvement, China's export and import continued its freefall in the month of October. However, the drop was not as steep as in September.
China and Taiwan to Collaborate on 5G Technology Research
| Girish Shetti | | Nov 09, 2016 08:52 AM EST |
China and Taiwan's telecom companies plan to join hands to enhance research and cooperation on the fifth generation (5G) mobile network technology. The move was announced at the cross-straits CEO summit in Xiamen, Fujian province.
After Football, China is Aiming to Score Big in Rugby
| Girish Shetti | | Nov 08, 2016 09:49 AM EST |
Rugby may be currently one of the niche sports in China. But if Rugby Union's world governing body has its way, this highly physical contact game may soon become a highly popular game in the world's most populous nation.
Hong Kong Lawyers Protest Against China’s Landmark Ruling
| Girish Shetti | | Nov 08, 2016 09:40 AM EST |
Hundreds of Hong Kong lawyers dressed in black took to streets on Tuesday to protest against China's landmark decision to ban two elected pro-independent lawmakers from taking their seats in the legislature.
China Refuses to Budge on India’s NSG Bid Ahead of Vienna Meeting
| Girish Shetti | | Nov 08, 2016 06:46 AM EST |
Ahead of this week's Nuclear Supplier Group (NSG) meeting in Vienna, China on Monday said that its stand on India's bid for membership to the elite nuclear club remains unchanged. This means that Beijing will reiterate its earlier position that New Delhi must sign the Nuclear Proliferation Treaty (NPT) to gain entry into the coveted nuclear club.
China Removes Pro-Reform Finance Minister Lou Jiwei
| Girish Shetti | | Nov 07, 2016 04:58 PM EST |
In a surprise move, China removed its pro-reform finance minister Lou Jiwei on Monday. The surprise decision comes at a critical time when Beijing is desperately trying to overcome a prolonged slowdown in its economy.
China Bars Hong Kong’s Pro-Democratic Legislators from Taking Office
| Girish Shetti | | Nov 07, 2016 06:57 AM EST |
Hong Kong citizens advocating independence from mainland China cannot hold any public office, China's top legislative body, the National People's Congress Standing Committee, ruled on Monday.
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