S. Rina : Chinatopix

Home > S. Rina

S. Rina

Scaramucci has been picked by president elect Donald Trump.

Trump Aide Scaramucci Sells SkyBridge Stake to Chinese Consortium

Jan 19, 2017 07:12 AM EST

Trump backer Anthony Scaramucci announced that he plans to sell his hedge fund SkyBridge to a Chinese consortium. Scaramucci has been picked by president elect Donald Trump as his new public liaison to government agencies and businesses and an adviser.

Lu had stepped down from Microsoft four months ago, citing health reasons.

Baidu Doubles down on AI, Hires Former Microsoft Executive Qi Lu

S. Rina |

Jan 19, 2017 06:19 AM EST

Baidu has taken its AI efforts to next level as it announced hiring former Microsoft executive Qi Lu as its new COO and group president. Lu had stepped down from Microsoft four months ago, citing health reasons.

It is also looking to promote autonomous driving in the country.

Audi to Introduce New Electric Vehicles in China

S. Rina |

Jan 18, 2017 10:54 PM EST

Audi announced its plan to sell more electric vehicles in China. It is also looking to promote autonomous driving in the country. The major auto company will collaborate with FAW Group Corp to boost its presence in China.

The slowdown will continue from the previous year when the rate of growth showed deceleration.

China’s Big Cities to Grow Slower in 2017

S. Rina |

Jan 18, 2017 10:18 PM EST

Some of the biggest cities in China are targeting slower growth rate this year. The slowdown will continue from the previous year when the rate of growth showed deceleration.

The increase is mainly caused by the increase in demand from China.

Apple iOS Apps Continue to Grow in China

S. Rina |

Jan 18, 2017 10:12 PM EST

Apple apps saw a surge in their downloads in 2016. The increase is mainly caused by the increase in demand from China. The country is now believed to be the biggest market, in terms of revenue, for Apple's iOS App Store.

China Cancels Construction of over 100 New Coal Power Plants

S. Rina |

Jan 18, 2017 07:52 AM EST

China is continuing its war on coal in order to push the use of renewable resources. The National Energy Administration (NEA) announced on Saturday that construction of upcoming coal projects would be halted in accordance with the country's Five-Year Plan.

The fund said that its new course of action is prompted by relatively lower returns in the public markets.

China Sovereign Wealth Fund CIC to Boost US Investments

S. Rina |

Jan 18, 2017 05:06 AM EST

Chinese sovereign wealth fund China Investment Corporation (CIC) is planning to raise its profile in the United States by looking at alternative investment opportunities. The fund said that its new course of action is prompted by relatively lower returns in the public markets.

Baidu Opens Augmented Reality Lab to Boost Its Fortunes

S. Rina |

Jan 18, 2017 04:44 AM EST

Baidu aims to pursue its augmented reality ambitions in 2017 as the company announced that it will open its brand new Augmented Reality lab in Beijing. With this step, the Chinese technology giant is looking to boost its bottom line with the help of state-of-the-art technology.

China Targets 6.5% Growth Rate in 2017: Reuters

S. Rina |

Jan 18, 2017 04:31 AM EST

China is expected to emphasize economic stability over growth rate in 2017, with the government expecting to clock a 6.5 percent rate, insiders familiar with the matter told Reuters. The authorities are also looking to contain the risk of real estate bubble and debt overload.

China Leads Global Transition to Electric Cars

S. Rina |

Jan 16, 2017 08:53 PM EST

China has jointed Europe in leading the momentous shift towards electric vehicles. The rate of growth in electric vehicle is likely to surge in 2017 as China and Europe institute stricter emission rules for safeguarding the environment.

The country has provided its researchers a potent source of high-energy photons.

China Unveils Free Electronic Laser Research Facility

S. Rina |

Jan 16, 2017 08:41 PM EST

China has joined the league of elite nations with its new free electron lasers (FELs). The country has provided its researchers a potent source of high-energy photons. China accomplished the feat with the announcement of the completion of The Dalian Coherent Light Source.

Former Fed Chief Ben Bernanke Slams Trump’s View on Yuan

S. Rina |

Jan 16, 2017 08:19 PM EST

Ben Bernanke opined that the President-elect Donald Trump's views on Chinese yuan do not "fit with reality," He rubbished Trump's claim that China manipulates the value of its currency. Bernanke had served as the chief of the Fed between 2006 and 2014.

China Takes Steps to Control Yuan Value Slide, Outlook Bleak

S. Rina |

Jan 16, 2017 08:09 PM EST

China has instituted various measure to contain the fall in the value of its currency. However, market experts believe that the slide is likely to continue despite these actions. The slowdown in economy is likely to further exacerbate the depreciation in value.

China Expresses Economic Concerns over Donald Trump Regime

S. Rina |

Jan 16, 2017 01:50 AM EST

China has aired its misgivings about upcoming Donald Trump regime in the US. The country believes that the future US president is likely to engage in a trade war, causing damage to both the countries. Donald Trump has maintained a prominent anti-China stance during his election campaign.

The lower tariffs became applicable from January 1st this year.

Canadian Seafood Industry Buoyed by China Lowering Tariffs

S. Rina |

Jan 16, 2017 01:46 AM EST

China has lowered tariffs on seafood, giving a fillip to Canadian industry. The lower tariffs became applicable from Jan. 1 this year to a wide variety of marine products.