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Jackie Chan Finishes Shooting 'Kung Fu Yoga,' Movie to be Released in October

Som Patidar |

May 15, 2016 01:16 PM EDT

The shooting of Jackie Chan's 'Kung Fu Yoga' movie has finished and now the flick is in its post production phase.

China Fumes Over U.S. Report on Military Activities

Som Patidar |

May 15, 2016 11:25 AM EDT

Beijing has rejected a Pentagon report on its military activities saying that the U.S. Department of Defense 'hyped up' China's military threat in its report.

China allocated over 4 trillion yuan to improve its apparently well organized infrastructures.

China Allocates Over $700 Billion to Improve Infrastructure

Charissa Echavez |

May 15, 2016 11:08 AM EDT

The Chinese government has allocated 4.7 trillion yuan ($723.8 billion) to aggressively improve the country's infrastructure within three years.

China Accuses U.S. of not Implementing WTO Tariff Ruling

Girish Shetti |

May 15, 2016 10:44 AM EDT

China on Friday accused the United States of not following the recent World Trade Organization's (WTO) ruling against unfair tariff on a range of imported Chinese products.

U.S. Disagrees With China and Pakistan, Says India is Ready for NSG Membership

Girish Shetti |

May 15, 2016 08:22 AM EDT

In a strong rebuttal to China's position that India does not fulfill the criteria for NSG membership, the U.S. on Friday said that India is fully ready for NSG membership. A top Washington official said India meets requirements of missile technology control regime and therefore qualifies for NSG membership.

China To Build More Military Facilities in South China Sea After Reclamation Work Ends

China to Build More Military Facilities in South China Sea: Pentagon

Desiree Sison |

May 15, 2016 07:51 AM EDT

As a display of its strength and control over the South China Sea, China is expected to build more military facilities such as surveillance systems in the artificial islands it has reclaimed in the disputed waters.

China reported slow down in credit expansion in April

China Reports Moderate Credit Expansion: Assuages Debt Binge Concerns

Rina S. |

May 14, 2016 04:54 PM EDT

China has reported a sharp reduction in its lending last month, after concerns were raised about high credit surge in the first quarter of the year. The country's broadest measure of new credit showed less than expected numbers, suggesting that the central bank may have tempered borrowing requests.

Chinese Ride-Hailing Service Didi Chuxing Gets $1 Billion Investment From Apple

Phenny Lynn Palec |

May 14, 2016 12:16 PM EDT

Tech giant Apple has announced that it is betting $1 billion on Didi Chuxing, a China-based ride-hailing service which is the biggest threat to Uber in the country.

China Claims Several NSG Members Support India’s Blockade

Girish Shetti |

May 14, 2016 11:31 AM EDT

China on Friday defiantly defended its move to block India's entry into the Nuclear Suppliers Group (NSG), claiming that other members of the group supported its view that signing of the Nuclear Non-Proliferation Treaty (NPT) is a pre-requisite for inclusion into the multinational body.

Beijing Pushes EU to Grant China Market Economy Status

Girish Shetti |

May 14, 2016 10:58 AM EDT

China on Friday urged European Union to fulfill its international obligation by granting China Market Economy Status (MES). Earlier this week European Union had refused to grant China MES, citing domestic criteria as the reason.

China Boosts Military Presence at Indian Border: U.S. Defense Dept.

Som Patidar |

May 14, 2016 10:43 AM EDT

The United States' Department of Defense (DoD) claims that China is strengthening its military presence along the Indian border.

Pentagon Accuses China of Using Force and Threats in the South China Sea

Pentagon Accuses China of Using Force and Threats in South China Sea

Desiree Sison |

May 14, 2016 09:17 AM EDT

The Pentagon has accused China of using force and threats, and creating tension in the South China Sea region while expanding its maritime powers in the disputed waters and the East China Sea.

China's Alcohol Consumption Down in 2015

Aaron Case |

May 14, 2016 06:07 AM EDT

A recent report shows that alcohol consumption dropped by 3.5% in China last year, a drop that could be related to decreasing economic growth in China.

Imax Set to Expand in China, Plans to Add 40 More Theatres by 2020

Girish Shetti |

May 13, 2016 07:12 PM EDT

IMAX is set to add 40 more theatres in Mainland China through a joint venture agreement with leading Chinese exhibitor company Guangzhou JinYi Media. The deal is said to be a full revenue sharing agreement.

Apple's Didi Chuxing Investment: Uber's Chinese Rival Secures $1 Billion Funding From U.S. Tech Giant

Som Patidar |

May 13, 2016 10:23 AM EDT

China's leading ride-hailing app Didi Chuxing has announced that the company has received an investment of $1 billion from Apple Inc. This is the single largest funding Didi has ever received.