Girish Shetti
China’s Midea Group is Closing on Kuka Deal: Report
| Girish Shetti | | Jun 28, 2016 09:21 AM EDT |
After weeks of hectic negotiations, Chinese company Midea Group is on the verge of acquiring German robotic company Kuka AG, people familiar with the matter said on Tuesday.
Taiwan seeks to Deepen Ties with Panama to Counter China’s Influence in the Region
| Girish Shetti | | Jun 28, 2016 05:29 AM EDT |
Taiwanese President Tsai Ing-wen kick started her first overseas trip in Panama on Saturday as Taiwan aims to deepen bilateral relationship with one of its key allies
China's top Diplomat Visits Vietnam Ahead of Verdict on South China Sea
| Girish Shetti | | Jun 27, 2016 10:07 PM EDT |
China's top diplomat, Yang Jiechi, on Monday met with Vietnam's top leadership, as China beefed up its public relations to gain support of important countries ahead of the verdict by an international tribunal court over South China Sea case, which was filed by Philippines in 2013.
Chinese Virtual Reality firm LeVR Technology to Receive $45 Million in Latest Round of Funding: Report
| Girish Shetti | | Jun 27, 2016 10:07 AM EDT |
LeVR Technology Ltd, the virtual reality division of Beijing-based LeEco Holdings Co Ltd, is reportedly set to receive funding amounting to more than 300 million Yuan ($45 million). The funding is led by Beijing China Bridge Capital Management Co Ltd.
China’s Tsinghua Holdings to Invest $7.5 billion in Research and Development Over Next 5 Years
| Girish Shetti | | Jun 27, 2016 09:17 AM EDT |
Xu Jinghong, chairman of Tsinghua Holdings, has said the Chinese state-owned technology company plans to invest $7.5 billion in research and development (R&D) over the next five years. A substantial part of this R&D fund will go to the chip-making division of Tsinghua Unigroup. The move comes as China aims to compete with global chip makers.
Macau Gets its First Apple Store
| Girish Shetti | | Jun 27, 2016 05:16 AM EDT |
American smartphone and electronics giant Apple Inc. inaugurated its first retail store in Macau on Saturday, increasing its number of retail stores to 41 in the Greater China region. The store is located in one of the shopping malls in an upscale Galaxy Macau resort.
Alibaba-Owned Alipay in Talks to buy 25 Percent Stake in German Company Wirecard AG: Report
| Girish Shetti | | Jun 27, 2016 05:04 AM EDT |
Reports in German media are claiming that the German banking software company Wirecard AG is in talks with top representatives of China's financial services company Alipay.
China-led AIIB Holds First Annual Meeting in Beijing, Brexit Dominates Discussions
| Girish Shetti | | Jun 26, 2016 11:40 PM EDT |
The China-led Asian Infrastructure Investment Bank (AIIB) held its first annual general meeting in Beijing on Saturday. The finance ministers of most of the 57 member states participated and a host of important financial issues were discussed.
Russian President Vladimir Putin Focuses on Energy Cooperation During his Visit to China
| Girish Shetti | | Jun 26, 2016 06:40 AM EDT |
Russian President Vladimir Putin on Saturday praised the "all embracing" bilateral partnership with China during his latest visit to the country as both communist neighbors tired to foster a united front amid increasing tension with western nations.
Indian FM Arun Jaitley Visits China, Tries to woo Chinese Investors
| Girish Shetti | | Jun 26, 2016 04:45 AM EDT |
Indian Finance Minister Arun Jaitley on Saturday met his Chinese counterpart Lou Jiwei and discussed about range of bilateral economic issues as well as global macroeconomic issues.
India Calls out China After NSG Membership Bid Fails
| Girish Shetti | | Jun 25, 2016 07:12 AM EDT |
India's bid to become member of Nuclear Suppliers Group (NSG) met a dead end on Friday, as China and at least seven other countries blocked consensus at NSG's plenary meeting in Seoul, South Korea.
Taiwanese President Embarks on First Foreign Visit as China Remains Alert
| Girish Shetti | | Jun 25, 2016 01:04 AM EDT |
Taiwanese President Tsai Ing-wen left for Panama and Paraguay on Friday, marking her first foreign trip since taking over the office last month. Both countries are among the 22 countries that officially recognize the island nation.
Cambodian Government Deports 25 Taiwanese Nationals to China
| Girish Shetti | | Jun 24, 2016 03:13 PM EDT |
Cambodia deported 25 Taiwanese nationals to China on Friday on fraud charges despite staunch opposition from the Taiwanese government. The 25 Taiwanese suspects were deported along with 14 Chinese suspects, all of whom were detained in connection with telephone fraud scam.
Chinese Court Rules Against U.S. Sportswear Company New Balance in Trademark Infringement Case
| Girish Shetti | | Jun 24, 2016 05:11 AM EDT |
A local court in Chinese city of Guangdong has upheld a previous ruling against U.S. sportswear giant New Balance in a trademark infringements case.
Modi Meets Chinese President Xi in Tashkent, Makes Last Ditch Effort to Gain China’s Support on NSG
| Girish Shetti | | Jun 23, 2016 10:58 PM EDT |
Indian Prime minister Narendra Modi met his Chinese counterpart Xi Jinping on Thursday in Tashkent, as India made a last ditch effort to gain China's support just hours before the all important plenary meeting begins in Seoul. The meedint will decide on India's application for Nuclear Supplier Group (NSG) membership.
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