Girish Shetti
Massive Football Stadium With 50,000 Seat Capacity to be Built in Shanghai
| Girish Shetti | | Jun 17, 2016 07:27 PM EDT |
Chinese authorities are reportedly planning to build a huge football stadium in Shanghai with the capacity to hold up to 50,000 spectators. The move would mark another big step in China's ambitious pursuit to transform itself into a major football power.
Xiaomi to Focus on Offline Sales, Teams up With China Unicom
| Girish Shetti | | Jun 17, 2016 06:57 PM EDT |
Chinese smartphone manufacturer Xiaomi Corp has joined hands with the country's second-largest telecom carrier, China United Network Communications Group Co, to increase its offline retailing channels across the country.
China Deploys Ships to Rescue Missing Vietnamese Coastguard Plane
| Girish Shetti | | Jun 17, 2016 06:09 PM EDT |
Following a request from Vietnam, China on Friday dispatched several ships to help Vietnamese officials in their search for a coastguard plane that crashed earlier this week. The plane, which was carrying nine people, was part of a search operation to find a fighter jet plane that went missing on Tuesday.
Kuka Wants Assurance of Job Protection From China’s Midea Group: Sources
| Girish Shetti | | Jun 17, 2016 04:23 AM EDT |
German based company Kuka wants a firm assurance from China's Midea Group on job protection and preservation of all physical sites after its proposed takeover of the robotic company.
Chinese Media: India’s Inclusion in Nuclear Supplier Group Will Disturb Nuclear Balance in South Asia
| Girish Shetti | | Jun 17, 2016 02:37 AM EDT |
India's inclusion in the Nuclear Supplier Group (NSG) will disturb the nuclear balance in South Asia and prove to be a major deterrent for peace and stability in the entire Asia Pacific region, the latest article in the Global Times said
China Blames Market Conditions for Recent Decline in Taiwan-Bound Tourists
| Girish Shetti | | Jun 16, 2016 08:07 PM EDT |
China on Thursday said that recent decline in the number of Chinese tourists traveling to Taiwan is due to existing market conditions, claiming that the Chinese government has never set a quota on Chinese tourists traveling to Taiwan.
WWE Aiming to Ramp up its Presence in China
| Girish Shetti | | Jun 16, 2016 07:51 PM EDT |
World Wrestling Entertainment (WWE), which is known for its scripted wrestling matches, is looking to ramp up its presence in the lucrative Chinese market as it aims to tap into the country's rising middle-class population.
Disney CEO Bob Iger Says China has 'Incredible Potential,' as Shanghai Disney Resort is Launched
| Girish Shetti | | Jun 16, 2016 11:23 AM EDT |
Ahead of the much anticipated opening of Shanghai Disney Resort, Disney's CEO Bob Iger said on Wednesday that Disneyland's launch offers an "incredible potential" to boost its brand in the world's second largest economy.
China’s Wanda Group Inks Deal With International Basketball Federation (FIBA)
| Girish Shetti | | Jun 16, 2016 09:44 AM EDT |
Chinese real estate and entertainment conglomerate Dalian Wanda Group has signed a marketing agreement with International Basketball Federation (FIBA), the governing body of international basketball.
China Dismisses Allegation of Incursion in Disputed Indian State of Arunachal Pradesh
| Girish Shetti | | Jun 15, 2016 02:37 PM EDT |
China on Wednesday rejected India's allegations that its army has made an incursion into the disputed Indian state of Arunachal Pradesh, saying there are no clear demarcations between Sino-Indian borders.
China Need to Take Constructive Steps to Tackle Corporate Debt, Says Top Economist
| Girish Shetti | | Jun 15, 2016 01:15 PM EDT |
China's rising debt problem is considerably offset by its high saving rate, but steps need to be taken to control exceptionally high corporate liabilities, a leading government economist said on Wednesday.
ASEAN Countries Retract Critical Statement on South China Sea
| Girish Shetti | | Jun 15, 2016 10:04 AM EDT |
The Association of Southeast Asian Nations (ASEAN) on Wednesday issued a critical statement on the ongoing South China Sea issue only to retract it later.
China Bans Export of 'Dual-use' Goods to North Korea
| Girish Shetti | | Jun 15, 2016 08:06 AM EDT |
China's Commerce Ministry on Tuesday released a list of 'dual-use' goods that have been banned from being exported to North Korea. The ban is in compliance with the United Nations (UN) sanctions imposed on Pyongyang in March.
Hong Kong-Based NGO Criticizes Disney for Labor Conditions at Local Supplier Factory
| Girish Shetti | | Jun 15, 2016 07:53 AM EDT |
A leading NGO based in Hong Kong has criticized Walt Disney Co. over the deplorable 'labor conditions' at the factories of its local suppliers.
China's Midea Group Plans to buy 49 Percent Stake in German Robotic Company Kuka [REPORT]
| Girish Shetti | | Jun 15, 2016 04:42 AM EDT |
China's Midea Group Co Ltd wants to buy a 49 percent stake in German industrial robot maker Kuka, sources familiar with the matter revealed on Tuesday.
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