S. Rina
Chinese Economy Slowdown may have Global Repercussions, Former IMF Chief says
S. Rina | | Sep 28, 2016 06:31 AM EDT |
International Monetary Fund former chief economist Ken Rogoffsaid said the slowdown in Chinese economy may have an impact worldwide.
China reports highest industrial profit in three years
S. Rina | | Sep 28, 2016 04:32 AM EDT |
China’s industrial profit grew 19.5 percent in the month of August, its highest rate in three years.
China’s cruise boom: Carnival building two Vista-class ships
S. Rina | | Sep 26, 2016 01:26 AM EDT |
China is experiencing unprecedented boom in its cruise market, and it will finally have locally-built ships as Carnival Corp. is set to build two vista-class ships.
Tencent Doubles Charity Contribution, Donates 2% of Profit
S. Rina | | Sep 25, 2016 10:05 PM EDT |
Tencent has pledged to donate two percent of its annual profit to charity.
China, Canada Signed Several Agreements During Chinese Premier Li's Visit
S. Rina | | Sep 25, 2016 05:45 PM EDT |
Chinese Premier Li Keqiang wrapped up his successful Canada visit on Saturday. During his visit, both countries explored various areas of bilateral cooperation and signed 29 accords including three law enforcement agreements.
China Faces ‘Severe Threat’ From Typhoon Megi
S. Rina | | Sep 25, 2016 09:29 AM EDT |
Typhoon Megi is set to make landfall in mainland China by midweek. The typhoon is gaining strength and is likely to pose a serious threat to Taiwan and eastern China.
Fitch Reveals That China may Have a '$2 Trillion Black Hole' in its Economy
S. Rina | | Sep 24, 2016 02:15 PM EDT |
International rating agency Fitch has released a report indicating that the Chinese economy may be riddled with toxic loans worth 10 times the official estimates. The report further indicated that resolving the issue may lead to a capital shortfall worth $1.1 to $2.1 trillion, constituting 11 to 20 percent of the Chinese economy. China is currently rated as A+ by Fitch Ratings.
China, Palestine Agree to Boost Bilateral Ties
S. Rina | | Sep 24, 2016 07:39 AM EDT |
Chinese and Palestinian authorities have agreed to encourage the traditional friendship between the two countries and implement relevant initiatives announced earlier this year by Chinese President Xi Jinping. This decision was taken during a meeting between Zhang Dejiang, chairman of the Standing Committee of the Chinese National People's Congress, and Palestinian Prime Minister Rami Hamdallah.
China and Canada to Start Trade Discussions, Deepen Economic Ties
S. Rina | | Sep 23, 2016 11:23 AM EDT |
China and Canada are expected to initiate talks for a possible free-trade agreement. Canadian Prime Minister Justin Trudeau made this announcement on Thursday. Chinese Premier Li Keqiang is currently on a four-day visit to Canada.
Wanda Group Accused of Using Money to Influence Beverly Hills Ballot Fight Over Land
S. Rina | | Sep 23, 2016 10:38 AM EDT |
A labor union has filed a complaint, asking state and federal election officials to investigate Wanda Group's implication in a Beverly Hills ballot initiative. The plaintiff is Unite Here Local 11, the Southern California chapter of a 270,000 strong labor union. Wanda Group is one of the leading Chinese multinational conglomerates.
Key Highlights of Chinese Premier Li Keqiang’s Visit to the US
S. Rina | | Sep 22, 2016 01:39 PM EDT |
Chinese Premier Li Keqiang has just concluded a visit to the United Nations headquarters in New York. During his visit, Li attended several conferences dealing with issues such as immigration, refugees, and sustainable development. He also met high-profile diplomatic, media, and business personalities.
China's Premier Li Arrives in Canada: Focus on economic Ties
S. Rina | | Sep 22, 2016 01:25 PM EDT |
Chinese Premier Li Keqiang has arrived in the capital of Canada, Ottawa, for an official visit.
China’s Dalian Wanda Group to Form Major Motion Picture Alliance With Sony
S. Rina | | Sep 22, 2016 01:15 PM EDT |
Chinese conglomerate Dalian Wanda Group is close to forming an alliance with Sony. The deal will provide Wanda with minority stakes in several of Sony's films.
China to Search for Aliens With the World’s Largest Telescope
S. Rina | | Sep 22, 2016 11:32 AM EDT |
China will turn on its radio telescope, The FAST, to initiate its search for extraterrestrials. The telescope is the world's largest of its kind.
Chinese Premier Li Keqiang Says China Economy is set to Show Robust Growth
S. Rina | | Sep 21, 2016 03:58 PM EDT |
China's Premier Li Keqiang has said that the country's economy is robust and is on an upward trajectory.
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