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Google is Planning to Re-Enter China

Jul 15, 2016 08:42 AM EDT

Despite their global reach, tech giants like Google, Facebook and Amazon are not available in China. However, Alphabet, Google's parent company, is planning to return to the country.

Yum Brands Raises Profit Outlook as Business Rebounds in China

Girish Shetti |

Jul 15, 2016 08:35 AM EDT

Buoyed by strong sales in China, Yum Brands has raised its profit outlook for the full year. This may signal a change of the company's fortune in the important Chinese market, where Yum's profits have been affected by series of food scandals in recent years.

Chinese Premier Arrives in Mongolia to Boost Bilateral Relations

Girish Shetti |

Jul 15, 2016 08:20 AM EDT

Chinese Premier Li Keqiang arrived in Mongolia's capital city Ulaanbaatar on Wednesday to start his diplomatic visit to the land locked country, where he will also be attending the 11th Asia-Europe Summit later this week.

Tencent to Acquire China Music Corporation

Girish Shetti |

Jul 15, 2016 08:14 AM EDT

China's Internet conglomerate Tencent Holdings is set to become a majority stakeholder in one of China's leading music streaming companies, a move that will make Tencent a dominant player in China's lucrative music streaming industry.

China to Sever Bilateral Ties With Australia Over Freedom of Navigation Patrols in the South China Sea

Desiree Sison |

Jul 15, 2016 07:59 AM EDT

China's Foreign Ministry on Thursday warned Australia that Beijing would sever bilateral relations with Canberra if it continues to conduct freedom of navigation exercises in the South China Sea.

Pope Francis and the Catholic Church Seek to Mend Ties with China

Arthur Dominic Villasanta |

Jul 15, 2016 06:05 AM EDT

There are some 10 million Catholics in China split between communist Catholics and real Catholics.

Pokemon Go Knockoff 'City Spirit Go' Tops Charts in China [VIDEO]

Manthan Chheda |

Jul 15, 2016 04:36 AM EDT

The world seems to be going crazy about Pokémon Go and although the incredibly popular augmented reality smartphone game might not get a China release due to stringent censorship laws and other technical issues, a copy of the game called "City Spirit Go" is topping charts in the country.

The emergency drill on the sea is held near the Xisha Islands on July 14, 2016 in Sansha, Hainan Province of China. Nearly 300 armed police officers and soldiers took part in the Sansha marine emergency drill near Xisha Islands on Thursday.

China Holds Emergency Drill in South China Sea amid Rising Tensions

Manthan Chheda |

Jul 15, 2016 03:20 AM EDT

China held an emergency drill including 13 vessels and a helicopter in the disputed waters of the South China Sea on Thursday morning amid mounting tensions over Beijing's claims on the maritime region.

Missile destroyer Guangzhou launches an air-defense missile during a military exercise in the water area near south China's Hainan Island and Xisha islands, July 8, 2016

US, Chinese Naval Commanders to Meet Amid Rising Tensions in South China Sea

Manthan Chheda |

Jul 15, 2016 12:58 AM EDT

Naval commanders from the U.S. and China will meet for discussions amid growing tensions between both countries over China's claims in the disputed waters of the South China Sea, the U.S. Navy said on Thursday.

Russia to Fly PAK-DA Stealth Bomber in 2019; wants China’s Involvement

Arthur Dominic Villasanta |

Jul 14, 2016 09:55 PM EDT

None of China's Xi'an H-6 strategic long-range bombers are capable of reaching the continental United States.

China Set to Dispatch its Latest Space Tracking Ship

Jenia Cane |

Jul 14, 2016 07:15 PM EDT

China has employed the services of a high-tech space tracking ship as part of the nation’s efforts to boost its space exploration program.

Future Mobility Plans to Roll out Electric Car by 2020

Phenny Lynn Palec |

Jul 14, 2016 10:36 AM EDT

Despite being only four months ago old, Future Mobility has unveiled out its ambitious plans for the electric car market. The company, which is backed by the Chinese tech giant Tencent, plans to sell premium electric cars by 2020.

China’s IDG Capital and Breyer Capital Raise $1 Billion Fund

Phenny Lynn Palec |

Jul 14, 2016 10:22 AM EDT

Prominent investor Jim Breyer along with Chinese firm IDG Capital Partners have raised what many consider to be the largest venture capital fund in China. This new venture was formed despite concerns that the Chinese tech market is already overcrowded, and it would be a struggle for late-stage startups to get a traction.

China Licenses ARM Server Chip Technology

Phenny Lynn Palec |

Jul 14, 2016 10:15 AM EDT

ARM Holdings has announced that Chinese company Huaxintong Semiconductor Technology has licensed its ARMv8-A architecture.

China Bitcoin Miners, Government Agencies, Electricity Companies Hold Conference

Phenny Lynn Palec |

Jul 14, 2016 10:07 AM EDT

Several Bitcoin miners in China recently held an energy conference. The semi-private event was organized by Bitmain, the largest bitcoin miner in the region, in China's southwest provincial capital of Chengdu.