china
Disney CEO Bob Iger Says China has 'Incredible Potential,' as Shanghai Disney Resort is Launched
Girish Shetti | | Jun 16, 2016 11:23 AM EDT |
Ahead of the much anticipated opening of Shanghai Disney Resort, Disney's CEO Bob Iger said on Wednesday that Disneyland's launch offers an "incredible potential" to boost its brand in the world's second largest economy.
President Xi to Push for Factories, Infrastructure Investments During 3-Nation Visit
Desiree Sison | | Jun 16, 2016 09:18 AM EDT |
Building factories and embarking on infrastructure projects overseas will be on top of the agenda for President Xi Jinping when he travels to Central Asia and Eastern Europe starting on June 17, according to Chinese assistant foreign minister Li Huilai.
Didi Chuxing Raises $7.3B to Keep Uber out of China
Kat De Guzman | | Jun 16, 2016 08:14 AM EDT |
In an attempt to stop Uber from coming to China, Didi Chuxing Technology Co - the Chinese car-hailing app - has announced that it was able to raise $7.3 billion from its latest fundraising campaign.
Chinese Spy Ship 'Shadows' US, Indian and Japanese Naval Drill in Western Pacific
Manthan Chheda | | Jun 16, 2016 02:07 AM EDT |
A Chinese navy spy ship entered Japanese waters on Wednesday as India, U.S. and Japan participate in the tri-nation Malabar naval exercise.
China Dismisses Allegation of Incursion in Disputed Indian State of Arunachal Pradesh
Girish Shetti | | Jun 15, 2016 02:37 PM EDT |
China on Wednesday rejected India's allegations that its army has made an incursion into the disputed Indian state of Arunachal Pradesh, saying there are no clear demarcations between Sino-Indian borders.
China Need to Take Constructive Steps to Tackle Corporate Debt, Says Top Economist
Girish Shetti | | Jun 15, 2016 01:15 PM EDT |
China's rising debt problem is considerably offset by its high saving rate, but steps need to be taken to control exceptionally high corporate liabilities, a leading government economist said on Wednesday.
Basketball: Spain Thrashes China in the 2016 FIBA Women’s Olympic Qualifying Tournament
Ritz Agranum | | Jun 15, 2016 10:28 AM EDT |
The Chinese women's national basketball team's bid to secure a ticket for a qualifying spot in the upcoming 2016 Rio suffered a major setback after the team lost to Spain 77-43 at the Nantes, France on Tuesday.
ASEAN Countries Retract Critical Statement on South China Sea
Girish Shetti | | Jun 15, 2016 10:04 AM EDT |
The Association of Southeast Asian Nations (ASEAN) on Wednesday issued a critical statement on the ongoing South China Sea issue only to retract it later.
Suicide is on the Rise Among Chinese Civil Servants Accused of Graft
Desiree Sison | | Jun 15, 2016 08:35 AM EDT |
More Chinese government officials suspected of committing graft and corruption are taking their lives, the Communist Party of China (CPC) said on Tuesday.
China Bans Export of 'Dual-use' Goods to North Korea
Girish Shetti | | Jun 15, 2016 08:06 AM EDT |
China's Commerce Ministry on Tuesday released a list of 'dual-use' goods that have been banned from being exported to North Korea. The ban is in compliance with the United Nations (UN) sanctions imposed on Pyongyang in March.
Hong Kong-Based NGO Criticizes Disney for Labor Conditions at Local Supplier Factory
Girish Shetti | | Jun 15, 2016 07:53 AM EDT |
A leading NGO based in Hong Kong has criticized Walt Disney Co. over the deplorable 'labor conditions' at the factories of its local suppliers.
China and US Hold Talks to Discuss Cybersecurity Differences
Rina S. | | Jun 15, 2016 07:10 AM EDT |
China and United States announced on Tuesday that both countries are committed to patch up their differences over cybersecurity.
China's Midea Group Plans to buy 49 Percent Stake in German Robotic Company Kuka [REPORT]
Girish Shetti | | Jun 15, 2016 04:42 AM EDT |
China's Midea Group Co Ltd wants to buy a 49 percent stake in German industrial robot maker Kuka, sources familiar with the matter revealed on Tuesday.
Emirates National Oil Company Receives $230M Loan From China's Industrial and Commercial Banking Corporation
Kat De Guzman | | Jun 15, 2016 04:14 AM EDT |
China's Industrial and Commercial Banking Corporation (ICBC) has given Emirates National Oil Company (ENOC) a total of $230 million as an unsecured loan that is payable in a span of five years.
Pres. Xi’s Visit to CEE Countries Seen to Strengthen China’s Silk Road Economic Belt initiative
Jenia Cane | | Jun 14, 2016 08:11 PM EDT |
President Xi Jinping's scheduled visits to Serbia, Poland and Uzbekistan are expected to foster greater economic cooperation among countries involved in China's Silk Road Economic Belt initiative.
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