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S. Rina

Dalian Wanda is luring Hollywood filmmakers with hefty 40% discount on some of the filming costs.

Dalian Wanda Offers 40% Rebate to Hollywood Filmmakers

S. Rina |

Oct 18, 2016 10:26 PM EDT

Dalian Wanda is luring Hollywood filmmakers with hefty 40 percent discount on some of the filming costs.

Tencent Holdings has joined hands with a consortium of investors for partly funding its Supercell acquisition.

Tencent Gets AVIC, CITIC and Others to Invest $850-M for Supercell Purchase

S. Rina |

Oct 18, 2016 09:48 PM EDT

Tencent Holdings has joined hands with a consortium of investors to partly fund its Supercell acquisition.

China’s foreign ministry said that it would retaliate following the Slovak president’s meeting with the Dalai Lama.

China to react at Slovak president meeting Dalai Lama

S. Rina |

Oct 18, 2016 12:10 PM EDT

China's Foreign Ministry said it would retaliate following the Slovak president's meeting with the Dalai Lama. The Tibetan spiritual leader is currently on a trip to Europe. He is also visiting Czech Republic and Italy.

Ron Keller, the Dutch ambassador in Beijing has been suspended following an alleged affair with a Chinese employee.

Dutch Ambassador to China Suspended over Alleged Affair

S. Rina |

Oct 18, 2016 11:52 AM EDT

Ron Keller, the Dutch ambassador in Beijing, has been suspended following an alleged affair with a Chinese employee. The Ministry of Foreign Affair has started an investigation. It also stated that Keller would not remain actively in post during the investigation. Keller was sent to China in December last year.

Chinese police have arrested 75 people belonging to a network involved in illegal baby gender determination practices.

China Arrests Members of Baby Gender Determining Network

S. Rina |

Oct 16, 2016 09:43 AM EDT

The Chinese police have arrested 75 people belonging to a network involved in illegal baby gender determination practices.

China plans to set up a space station by 2022 and have it operational by 2024.

China to launch manned space mission on Monday

S. Rina |

Oct 16, 2016 09:31 AM EDT

China is set to launch a manned space mission on Monday. Shenzhou 11, a two-man space mission, will work towards establishing China's permanent manned station in space by 2022.

Chinese delivery and logistics giant ZTO Express has announced terms for its IPO.

China’s ZTO Express Aims for Biggest Chinese IPO Since Alibaba

S. Rina |

Oct 16, 2016 09:24 AM EDT

Chinese delivery and logistics giant ZTO Express has announced terms for its IPO. The Shanghai-based company is looking to raise up to $1.3 billion worth of funds from the market. It is likely to be the biggest US IPO for 2016. The logistics firm plans to sell 72.1 million shares in the price bond of $16.50 and $18.50.

Tencent is looking to enter highly competitive drone segment with its own drone named Ying.

Tencent Debuts Compact Live-Streaming Drone for $300

S. Rina |

Oct 16, 2016 08:52 AM EDT

Tencent is looking to enter the highly-competitive drone segment by producing its own under the name Ying.

GE is looking to increase its collaboration with China to aid the country’s Silk Road initiative.

GE Focuses on China for Global Expansion

S. Rina |

Oct 15, 2016 10:58 PM EDT

GE is looking to increase its collaboration with China to aid the country's Silk Road initiative. The company plans to enhance the sale of its equipment such as wind turbines and coal plants by partnering with Chinese companies. It also endeavors to supply power infrastructure to growing markets.

Volkswagen showed signs of recovering from its emission reading crisis as the company reported 7.1 percent increase in sales for the period of September.

China Helps Volkswagen Post Sales Growth

S. Rina |

Oct 15, 2016 10:41 PM EDT

Volkswagen showed signs of recovering from its emission reading crisis as the company reported 7.1 percent increase in sales for the period of September.

Several employees of Australia based gambling firm Crown Resorts are reported to have been apprehended in China.

Crown Resorts Employees, Including Locals and Australians, Reportedly ‘Held’ in China

S. Rina |

Oct 15, 2016 10:23 PM EDT

Several employees of Australia-based gambling firm Crown Resorts are reported to have been apprehended in China.

China has been given a clean chit by the US Treasury with regard to currency manipulation concerns.

US Clears China of Currency Manipulation Anew

S. Rina |

Oct 15, 2016 10:09 PM EDT

China has been given a clean chit by the US Treasury with regard to currency manipulation concerns.

China is making great advancements on its “One Belt, One Road” initiative.

China Faces Roadblocks for its Railway Scheme in Afghanistan

S. Rina |

Oct 14, 2016 10:21 AM EDT

China is making great advancements on its "One Belt, One Road" initiative that seeks to connect China to various nations, such as Afghanistan, Kazakhstan and others. However, its new Sino-Afghan Special Railway Transportation scheme seems to have run into some problems.

Western Contact With China Preceded Marco Polo, Says new Controversial Study

S. Rina |

Oct 13, 2016 04:17 PM EDT

A new study suggests that China was in contact with the western world long before the opening of the Silk Road. The new findings are based on the study of DNA found at the site of terracotta warriors in Xi'an.

Apple Boosts Presence in China; To Open Second R&D Center in Shenzhen

S. Rina |

Oct 13, 2016 04:10 PM EDT

Technology giant Apple is looking to set up a new research and development (R&D) center in China. The metropolis of Shenzhen has been picked as the location for the R&D center. Apple is also planning to build another R&D center in Beijing. Shenzhen is also home to Foxconn City, where many of Apple products are assembled.