Marcel Woo
Malaysia Cancels Tourism Campaign in China
Marcel Woo | | Apr 08, 2014 07:37 AM EDT |
The Malaysian government has decided to suspend its tourism campaign, dubbed Visit Malaysia Year 2014, in China while the search for the missing Malaysian Airlines flight MH370 continues in the waters off Australia, authorities said.
World Bank Cuts China Growth Forecast
Marcel Woo | | Apr 07, 2014 09:09 AM EDT |
Washington-based development bank, World Bank, has lowered its growth forecast for China as it noticed a slowdown in production and exports during the first two months of this year.
Swiss Firm ABB to Invest US $300 Million in Xiamen
Marcel Woo | | Apr 07, 2014 09:06 AM EDT |
Swiss engineering group ABB, one of the largest in the world, has announced plans to invest up to US$300 million in Xiamen over the next five years.
Forest Fire Hits North China
Marcel Woo | | Apr 07, 2014 09:04 AM EDT |
The central government has deployed more than 1,500 people to deal with a forest fire that hit Fuping County in Hebei Province since Sunday, authorities said on Monday.
China's Affordable Housing Budget to Reach US$18.8B this Year
Marcel Woo | | Apr 06, 2014 11:04 AM EDT |
In order to help its people cope up with the skyrocketing home prices in China's major cities, the central government announced plans to spend up to 115.8 billion yuan, or around US$18.8 billion, on affordable housing this year.
China Approves Internet Finance Committee
Marcel Woo | | Apr 06, 2014 10:23 AM EDT |
To better regulate the country's fast-growing online financial industry, the Chinese government has approved the creation of an Internet finance committee that will promote self-regulation among its members.
5.3-Magnitude Quake Rocks Southwest China
Marcel Woo | | Apr 05, 2014 09:56 AM EDT |
Chinese authorities said at least 10 persons were hurt when a 5.3-magnitude earthquake rocked Yongshan County in China's southwestern province of Yunnan at 6:40 a.m. on Saturday (China time).
China to Enhance Military Ties with the Netherlands
Marcel Woo | | Apr 05, 2014 03:35 AM EDT |
Military leaders of China and the Netherlands have agreed to further enhance military cooperation in order to bring the ties between the two countries to a higher level.
Beijing Reports 1,257 Cases of Illegal Barbecuing
Marcel Woo | | Apr 04, 2014 10:55 AM EDT |
In an effort to solve the country's smog problem, Chinese authorities said a total of 1,257 cases of illegal barbecuing have been penalized from January to March of this year.
Christie's Opens Art Space in Beijing
Marcel Woo | | Apr 04, 2014 10:32 AM EDT |
After a successful inaugural auction in mainland China last year, British auction house Christie's is further boosting its presence in the country with the opening of an art space in Beijing recently.
GSK Continues Probing China Employees
Marcel Woo | | Apr 04, 2014 10:29 AM EDT |
GlaxoSmithKline (GSK), the British pharmaceutical giant, said that it continues to investigate employees in China in relation to allegations of bribery, and vows to impose penalties to those who will be found breaking company rules.
China Closely Monitoring Afghanistan Election
Marcel Woo | | Apr 04, 2014 05:38 AM EDT |
China is paying close attention to the scheduled presidential election in the war-torn country of Afghanistan with hopes that the democratic exercise will be smooth and peaceful.
China's Technology Investments in the US Reach US$6 Billion
Marcel Woo | | Apr 04, 2014 05:36 AM EDT |
From China's US $1 billion investments each year for the past 5 years, China's technology investments in the United States surpassed the US $6 billion mark in the first three months of this year alone, a recent study showed.
Alibaba's Jack Ma to Buy Hundsun Stake for US$530 Million
Marcel Woo | | Apr 03, 2014 06:33 AM EDT |
Alibaba founder Jack Ma is paying up to 3.29 billion Yuan (US$530million) for a controlling stake in a Shanghai-listed major financial software company, Hundsun Technologies.
China Readies Launching of Quake-Detecting Satellite
Marcel Woo | | Apr 03, 2014 06:31 AM EDT |
China aims to break the notion that no person or machine in this world can detect earthquakes by launching, in two years' time, the first satellite that will detect Earth movements.
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