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Girish Shetti

Chinese Businessman Tony Xia Buys English Club Aston Villa

May 20, 2016 11:48 AM EDT

Chinese businessman Tony Xia has bought popular English football club Aston Villa for estimated 60-70 million pounds. The deal comes just few weeks after the Midlands based club was relegated from top flight premiership.

Taiwan's new President's inaugural speech.

No Mention of 'One China Policy' in Taiwan President Tsai’s Inaugural Speech

Girish Shetti |

May 20, 2016 07:56 AM EDT

Tsai Ing-wen conspicuously omitted the mention of the "one China policy" in her inaugural speech as the new President of Taiwan on Friday. Tsai, 59, who was sworn in as the first female president of Taiwan on Friday, urged China not to adopt an obstructionist policy toward Taipei.

Indian President Pranab Mukherjee to Visit China Next Week

Girish Shetti |

May 19, 2016 05:17 PM EDT

Beijing on Wednesday said that it wants to enhance mutual ties with India as Indian President Pranab Mukherjee is set to embark on a three-day visit to China next week.

China Tells Hong Kong to Focus on Economic Integration, not Independence

Girish Shetti |

May 19, 2016 12:59 PM EDT

One of China's topmost leaders on Wednesday urged people of Hong Kong to seek greater economic integration with China and to completely reject the radical idea of independence.

China Accuses U.S. of not Implementing WTO Tariff Ruling

Girish Shetti |

May 15, 2016 10:44 AM EDT

China on Friday accused the United States of not following the recent World Trade Organization's (WTO) ruling against unfair tariff on a range of imported Chinese products.

U.S. Disagrees With China and Pakistan, Says India is Ready for NSG Membership

Girish Shetti |

May 15, 2016 08:22 AM EDT

In a strong rebuttal to China's position that India does not fulfill the criteria for NSG membership, the U.S. on Friday said that India is fully ready for NSG membership. A top Washington official said India meets requirements of missile technology control regime and therefore qualifies for NSG membership.

China Claims Several NSG Members Support India’s Blockade

Girish Shetti |

May 14, 2016 11:31 AM EDT

China on Friday defiantly defended its move to block India's entry into the Nuclear Suppliers Group (NSG), claiming that other members of the group supported its view that signing of the Nuclear Non-Proliferation Treaty (NPT) is a pre-requisite for inclusion into the multinational body.

Beijing Pushes EU to Grant China Market Economy Status

Girish Shetti |

May 14, 2016 10:58 AM EDT

China on Friday urged European Union to fulfill its international obligation by granting China Market Economy Status (MES). Earlier this week European Union had refused to grant China MES, citing domestic criteria as the reason.

Imax Set to Expand in China, Plans to Add 40 More Theatres by 2020

Girish Shetti |

May 13, 2016 07:12 PM EDT

IMAX is set to add 40 more theatres in Mainland China through a joint venture agreement with leading Chinese exhibitor company Guangzhou JinYi Media. The deal is said to be a full revenue sharing agreement.

China Accuses 'Certain People' in US of Trying to Destabilize Hong Kong

Girish Shetti |

May 13, 2016 09:30 AM EDT

China's Foreign Ministry on Friday said that certain unidentified people in the United States are try to destabilizing its autonomous territory, Hong Kong.

Queen Elizabeth's controversial remark on China.

Ties Between China and Great Britain to Remain Unshaken by Queen’s 'Very Rude' Remark: Chinese Media

Girish Shetti |

May 12, 2016 05:40 PM EDT

The diplomatic ties between China and Great Britain will not be affected by the fact that Queen Elizabeth was caught in a video footage saying that Chinese officials were "very rude" during President Xi Jinping's visit to London last year, a state-owned Chinese newspaper said on Thursday.

Baidu to Overhaul Business Model, to Focus More on Artificial Intelligence

Girish Shetti |

May 12, 2016 08:00 AM EDT

Baidu Inc. is planning to overhaul its business model, shifting from its current search oriented model to one that focuses on 'artificial intelligence.'

China Warns Taiwan Over One China Principle.

China Says Taiwan Would be Blamed for any Impending Crisis

Girish Shetti |

May 12, 2016 07:55 AM EDT

The incoming Taiwanese government will have to bear the blame for any impending crisis with China, Beijing said on Wednesday as it braces for pro-independent president Tsai Ing-wen to take charge of the island nation next week.

China Plans to Relocate 2 Million Poor People to Tackle Poverty

Girish Shetti |

May 10, 2016 06:30 PM EDT

In a bid to overcome its decades-long problem of poverty, this year China will relocate nearly two million people from poverty ridden areas to more developed urban areas. The announcement was made by a leading Chinese official on Tuesday.

US Sends Warship to South China Sea, Challenges Beijing's Claim

Girish Shetti |

May 10, 2016 04:33 PM EDT

The Pentagon sent a warship to sail near a disputed reef in the South China Sea on Tuesday as the US made a fresh bid to counter China's territorial claims in the disputed maritime territory.