Girish Shetti
China’s V-Grass Fashion to Acquire Youth Clothing Brand From E-Land Group
| Girish Shetti | | Sep 03, 2016 09:48 AM EDT |
E-Land Group, South Korea's largest apparel retailer, on Friday announced the sale of its youth clothing brand, Teenie Weenie, to China's V-Grass Fashion Co. Ltd. for approximately $900 million.
Chinese Parliament Approves Paris Climate Accord Ahead of G20 Summit
| Girish Shetti | | Sep 03, 2016 08:32 AM EDT |
China's parliament on Saturday gave official consent to the Paris global climate agreement. This paves the way for the implementation of the historical Paris climate accord in China.
Yum Brands to Offload Stake in China business Ahead of Spinoff
| Girish Shetti | | Sep 02, 2016 03:33 PM EDT |
Yum Brands, owner of popular food chain restaurants KFC and Pizza Hut, said on Friday that it would sell a minority stake in its China business to Chinese investment firm Primavera Capital and an affiliate of Alibaba Group Holding, Ant Financials.
Fosun Group Holding Negotiation to buy Stake in Renaissance Capital: Sources
| Girish Shetti | | Sep 02, 2016 03:15 PM EDT |
Fosun International Ltd, China's largest non-state conglomerate, is currently holding talks to pick up stake in Russian investment firm Renaissance Capital, Reuters reported.
Beijing, Ottawa Postpone Deadline for New Restrictions on Canola Imports From Canada
| Girish Shetti | | Sep 01, 2016 04:29 PM EDT |
Canada's Prime Minister Justin Trudeau said on Wednesday that China has agreed to extend the deadline for new restrictions on Canadian canola exports beyond September 1, as both countries agreed to negotiate further to find a long-term solution to the problem.
Kerry Says China Must Learn From India to Accept South China Sea Verdict
| Girish Shetti | | Sep 01, 2016 10:10 AM EDT |
US State Secretary John Kerry on Wednesday urged China to learn from India to respect the verdict of international tribunals as he once again called on Beijing to recognize the South China Sea verdict delivered by The Hague-based Permanent Court of Arbitration in June.
China Issues Security Advisory to its Citizens in Kyrgyzstan after Chinese Embassy Blast
| Girish Shetti | | Aug 31, 2016 04:56 PM EDT |
China on Wednesday issued a security advisory to its citizens in Kyrgyzstan after a suicide bomber attacked the Chinese embassy in Kyrgyzstan's capital city Bishkek on Tuesday.
Xiaomi to Launch Mobile Payment Service This week
| Girish Shetti | | Aug 31, 2016 03:03 PM EDT |
This week, Xiaomi Corp would become the first Chinese smartphone company to offer mobile payment service on its devices. The service would put the company on the same level as its close rivals Apple Inc and Samsung Electronics Co, who have launched a similar service.
Australia’s Former Prime Minister Says Canberra’s Foreign Policy is not Capable of Handling China’s Global Rise
| Girish Shetti | | Aug 31, 2016 02:57 PM EDT |
Australia's former Prime Minister Paul Keating has warned that Australia's present foreign policy is incapable of handling the rise of China and the waning influence of America globally.
Protesters Gather Outside Chinese Embassy in London Over China-Pakistan Economic Corridor
| Girish Shetti | | Aug 30, 2016 02:14 PM EDT |
Balochistan rebel leaders on Monday held a protest outside the Chinese embassy in London against ongoing work on the China-Pakistan Economic Corridor (CPEC) in the troubled Balochistan region.
To Counter China’s Influence, India Strengthens Ties With Myanmar
| Girish Shetti | | Aug 30, 2016 01:57 PM EDT |
To consolidate its strategic ties with Myanmar, India's Prime Minister Narendra Modi said on Monday that New Delhi unilaterally supports Myanmar on all the critical issues, adding that India would stand by Myanmar "every step of the way" as a partner.
Suicide Bomb Attack on Chinese Embassy in Kyrgyzstan Leaves 3 People Dead
| Girish Shetti | | Aug 30, 2016 01:43 PM EDT |
A suicide bomber rammed his car into the Chinese embassy in Kyrgyzstan's capital city Bishkek on Tuesday, leaving at least three people dead and several injured.
In Brazil, Chinese Companies are on Overdrive in Pursuit of Mergers and Acquisitions
| Girish Shetti | | Aug 29, 2016 07:07 PM EDT |
China has been on the forefront of mergers and acquisitions (M&A) in Brazil this year, according to data compiled by Bloomberg. The data shows that Chinese companies have so far spent $4 billion to acquire new companies in Brazil, crossing the highest investment made in 2010.
Pakistan’s Prime Minister Nawaz Sharif Claims China-Pakistan Economic Corridor Will be a 'Game-Changer'
| Girish Shetti | | Aug 29, 2016 06:54 PM EDT |
Pakistan's Prime Minister Nawaz Sharif said on Monday that the much talked about China-Pakistan Economic Corridor (CPEC) would prove to be a game-changer not only for Pakistan's economy but the entire South Asia.
With China in Mind, Indian PM Visits Vietnam Ahead of G20 Summit
| Girish Shetti | | Aug 29, 2016 06:44 PM EDT |
Indian Prime Minister Narendra Modi is scheduled to visit Vietnam on September 3. The Indian PM's visit, which comes just days before the G20 Summit in China, is seen as a strong signal to Beijing that India intends to strengthen its presence in Southeast Asia.
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