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S. Rina

China is taking an innovative step to fight with environmental pollution.

China to Go Environment-Friendly with ‘Uber for Bikes’

S. Rina |

Oct 22, 2016 02:32 PM EDT

China is taking an innovative step to fight environmental pollution, as ride-sharing for bikes is now being introduced.

The relationship between China and Vatican are likely to become smoother as Pope Francis seeks bridge the gap.

Pope Francis Looks Forward to a Better Relationship with China

S. Rina |

Oct 22, 2016 01:08 PM EDT

The relationship between China and Vatican are likely to become smoother as Pope Francis seeks to bridge the gap.

Typhoon Haima made its second landfall in China on Friday with the strength of a Category 1 hurricane.

Typhoon Haima Causes Devastation in China

S. Rina |

Oct 22, 2016 01:01 PM EDT

Typhoon Haima made its second landfall in China on Friday with the strength of Category 1 hurricane.

Chinese ride sharing giant Didi Chuxing has plans to go global.

China's Ride-sharing Giant Didi Chuxing to Go Global

S. Rina |

Oct 21, 2016 11:36 PM EDT

Chinese ride-sharing giant Didi Chuxing has plans to go global and it is now drawing some strategies to achieve this goal.

Walmart is looking to strengthen its foothold in China food market with new $50 million investment.

Walmart Boosts Investment in China Delivery Service

S. Rina |

Oct 21, 2016 10:55 PM EDT

Walmart is looking to strengthen its foothold in China food market with its new $50 million investment.

Redpoint Ventures announced the launch of its new China centric fund worth $180 million.

Redpoint Ventures Launches $180-M China Fund

S. Rina |

Oct 21, 2016 10:41 PM EDT

Redpoint Ventures announced the launch of its new China centric fund worth $180 million.

China’s war against underground banking and capital flow yielded solid results as the country uncovered $148 billion worth of illegal trades.

China Crackdown on Capital Flow, Yields $148-B in Illegal Trade

S. Rina |

Oct 21, 2016 10:16 PM EDT

China's war against underground banking and capital flow yielded solid results as the country uncovered $148 billion worth of illegal trades. The investigations are carried out by the State Administration of Foreign Exchange (SAFE) and are focused on capital outflows and foreign exchange transactions. The drive has already cracked 56 cases of illegal foreign exchange transactions this year so far.

JPMorgan is backing out of its investment in China's First Capital Securities.

JPMorgan Considers Selling its Stake in China Securities JV

S. Rina |

Oct 21, 2016 04:35 PM EDT

JPMorgan is reportedly in talks to sell out its stake in First Capital Securities joint venture. The banking company has a 33 percent stake in the joint venture.

China scored victory on most of the cases against anti-dumping rules applied by the United States.

WTO Favors China Over U.S. in Anti-Dumping Case

S. Rina |

Oct 21, 2016 02:37 AM EDT

China scored victory on most of the cases against anti-dumping rules applied by the United States. The World Trade Organization provided a panel ruling for the complaint lodged by China in December 2013.

Walmart is attempting to gain the trust of its customers by using blockchain technology to track its pork supply in China.

Walmart Collaborates With IBM to Track Food in China

S. Rina |

Oct 20, 2016 04:30 PM EDT

Walmart has announced that it would be using blockchain technology to track the pork supply chain in China. The technology has been used by several consumer technology and financial services companies for the purpose of more efficient record keeping. Walmart is collaborating with IBM for this purpose.

China's Oil Producers Continue Major Output Cuts

S. Rina |

Oct 20, 2016 04:25 PM EDT

China reported a 9.8 percent decline in its crude oil output in the month of September, its second -biggest year-over-year decline in oil on record.

Volkswagen's Phideon is priced at nearly $53,273.

Volkswagen to Launch China Only Deluxe Sedan Phideon

S. Rina |

Oct 20, 2016 04:00 PM EDT

Volkswagen will unveil its new top-end car model later this week. The model has been developed exclusively for the Chinese market. The new car called Phideon has the trappings of a luxury car. Volkswagen is looking to capitalize on the latest trend of subdued luxury in the Chinese economy.

Typhoon Sarika Hits Hainan, China Issues Red Alert

S. Rina |

Oct 19, 2016 05:14 PM EDT

China evacuated half a million people in the wake of Typhoon Sarika hitting Hainan. The country has also issued a red alert. A large number of flights bound to Hainan have also been cancelled. The typhoon landed at Hele Town at 9:50 in the morning. Sarika is the 21st typhoon of the year.