CHINA TOPIX

12/22/2024 05:06:34 pm

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According to a study, Sydney and Melbourne are the top spots for attracting Chinese investments.

Chinese Real Estate Investors Revive Fading Australian Market

Chinese investors are pouring millions into Australia's real estate market including agriculture lands. According to a study, Sydney and Melbourne are the top spots attracting Chinese investments. The investments are likely to continue over the next three years.

The US government has already levied high tariff charges of up to 266 percent last year.

US May Launch a New Probe into Chinese Steel Imports

The US Commerce Department may start a formal investigation concerning Chinese steel imported into the United States. The step seems to be taken in response to a warning issued by four major steel producing firms in the United States. The main issue relates to the steel imports routed through Vietnam.

The companies in the electric vehicle segment has been provided with several incentives by the Chinese government.

Chinese Electric Car Company Singulato Raises $600 Million Funding

The Chinese electric car segment received a boost as Singulato is believed to have raised $600 million in its second round funding.

Currently, banks are required to collaborate with Chinese companies for operating.

China Considers Granting Wider Access to US Investment Banks

China is looking to open up its financial sector to foreign banks. It is believed that Chinese government may allow US investment banks to run their branches in the country independently. Currently, banks are required to collaborate with Chinese companies for operating.

China Economy

Chinese Premier Li Says Economy Will Remain Steady

Chinese Premier Li Keqiang has said that China is ready to face all the economic challenges the could come its way. He said that the country's economy is robust and is expected to maintain steady growth.

Slovakia, China

China Cancels Meeting With Slovak Prime Minister

China announced that it has cancelled a high-level bilateral meeting with Slovak Prime Minister Robert Fico. The cancellation is believed to be in retaliation to Slovakia's President Andrej Kiska meeting with the Dalai Lama last month. Fico took quick action to salvage the situation by extending an invitation to Chinese Prime Minister Li Keqiang.

The injunction will bar Sony from selling LTE-enabled phones in China.

Canadian Company Wilan Sues Sony in China for Patent Violation

Ontario-based Wilan is suing Sony Mobile Communications for an alleged violation of its patent. The company has filed a case in a Chinese court in the eastern city of Nanjing.

The Cyberspace Administration of China

China Sets Regulations for Online Video Streaming Industry

China has formalized rules for its online video streaming industry as live video streaming is fast gaining ground in the country.

The Department of Financial Service of New York state issued the consent order on Friday.

New York Fines Agricultural Bank of China for Money Laundering

The state of New York has imposed a $215 million fine on the Agricultural Bank of China for violating its anti-money laundering law. The bank was found responsible for obscuring the trail of dollar transactions by several suspicious clients. The regulators have further ordered the bank to appoint an independent monitor for auditory purposes.

Both the nominees Donald Trump and Hillary Clinton are in a close race for the coveted position.

China’s Mystical Monkey Predicts Donald Trump as Next US President

China's mystical monkey, widely known 'King of prophets', picked Donald Trump as the next president of the United States. The election for the US president are scheduled for next team. Both the nominees Donald Trump and Hillary Clinton are in a close race for the coveted position.

Lattice Semiconductor

China-Backed Canyon Bridge Buys Lattice Semiconductor for $1.3 billion

Canyon Bridge Capital Partners has agreed to buy programmable chip company Lattice Semiconductor in a deal is worth nearly $1.3 billion.

China launched its first heavy lift rocket from Wenchang launch center.

China Blasts-off 1st Heavy-Lift Long March 5 Rocke\

China has launched its first heavy lift rocket, the Long March 5, from Wenchang launch center.

China is taking huge strides in making its environment safe and clean.

China Surpasses Emission Control Targets

China has surpassed its emission control targets, a new report revealed.

Marks & Spencer CEO Steve Rowe is scheduled to provide an update to the investors on the company’s plans for its international ventures on November 8.

Marks & Spencer Mulls Closing Stores in China to Cut Losses

Marks & Spencer Group Plc may close some of its stores in China as the company looks to trim its loss-making outlets.

Yum China plans to open 600 restaurants a year in China.

Yum China Makes Impressive Debut in Stock Market

Yum China Holdings debuted in New York on Tuesday, marking the first day of trading after the spinoff. The stock traded under the ticker symbol YUMC and gained nearly 10% during the trading session. The China division of the brand was hived off owing to the pressure from activist shareholders. Yum China owns the Pizza Hut and KFC brands in China.

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