S. Rina
Chinese Real Estate Investors Revive Fading Australian Market
S. Rina | | Nov 08, 2016 08:27 AM EST |
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.
US May Launch a New Probe into Chinese Steel Imports
S. Rina | | Nov 08, 2016 08:22 AM EST |
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.
Chinese Electric Car Company Singulato Raises $600 Million Funding
S. Rina | | Nov 08, 2016 08:06 AM EST |
The Chinese electric car segment received a boost as Singulato is believed to have raised $600 million in its second round funding.
China Considers Granting Wider Access to US Investment Banks
S. Rina | | Nov 08, 2016 07:11 AM EST |
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.
Chinese Premier Li Says Economy Will Remain Steady
S. Rina | | Nov 07, 2016 12:32 PM EST |
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.
China Cancels Meeting With Slovak Prime Minister
S. Rina | | Nov 07, 2016 11:53 AM EST |
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.
Canadian Company Wilan Sues Sony in China for Patent Violation
S. Rina | | Nov 07, 2016 09:13 AM EST |
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.
China Sets Regulations for Online Video Streaming Industry
S. Rina | | Nov 07, 2016 08:52 AM EST |
China has formalized rules for its online video streaming industry as live video streaming is fast gaining ground in the country.
New York Fines Agricultural Bank of China for Money Laundering
S. Rina | | Nov 07, 2016 07:53 AM EST |
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.
China’s Mystical Monkey Predicts Donald Trump as Next US President
S. Rina | | Nov 07, 2016 07:48 AM EST |
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.
China-Backed Canyon Bridge Buys Lattice Semiconductor for $1.3 billion
S. Rina | | Nov 07, 2016 06:55 AM EST |
Canyon Bridge Capital Partners has agreed to buy programmable chip company Lattice Semiconductor in a deal is worth nearly $1.3 billion.
China Blasts-off 1st Heavy-Lift Long March 5 Rocke\
S. Rina | | Nov 05, 2016 02:35 AM EDT |
China has launched its first heavy lift rocket, the Long March 5, from Wenchang launch center.
China Surpasses Emission Control Targets
S. Rina | | Nov 05, 2016 12:15 AM EDT |
China has surpassed its emission control targets, a new report revealed.
Marks & Spencer Mulls Closing Stores in China to Cut Losses
S. Rina | | Nov 04, 2016 03:48 PM EDT |
Marks & Spencer Group Plc may close some of its stores in China as the company looks to trim its loss-making outlets.
Yum China Makes Impressive Debut in Stock Market
S. Rina | | Nov 04, 2016 03:44 PM EDT |
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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