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China's Unsustainable Debt can Lead to Financial Outburst in the Long Run: Experts

Apr 24, 2016 01:38 PM EDT

China's total debt increased to 249 percent of its gross domestic product (GDP) in the first quarter of this year. According to some economists, this could result in a prolonged slowdown of the country's economic growth.

Japanese carmaker Toyota believes minivans have potential in the Chinese market.

Toyota Believes Minivans are the Next big hit in China

Charissa Echavez |

Apr 24, 2016 01:27 PM EDT

Japanese automaker Toyota Motors Corp believes that minivans have the potential to be the next big hit in China's fickle car industry.

India Overtakes China in FDI Race in 2015: Report

Girish Shetti |

Apr 23, 2016 06:42 PM EDT

India surpassed China to emerge as the top destination for foreign direct investment (FDI) in 2015. India attracted $63 billion worth of foreign investment last year, according to FDI Intelligence - a unit of the Financial Times group.

George Soros Expressed Concerns About Growing Debt in Chinese Economy

Soros Expresses Concerns About Growing Chinese Debt

Rina S. |

Apr 23, 2016 11:08 AM EDT

China announced that its economy grew by 6.7 percent. However, the concerns about its economy still persist. Billionaire investor George Soros said that the current situation of the Chinese economy is akin to the 2008 financial crisis in the United States.

Baidu Steps Up its Self-Driving Car Plans

Baidu Goes to Silicon Valley for Self-Driving Car Project

Rina S. |

Apr 23, 2016 09:33 AM EDT

Chinese internet giant Baidu will set up an office in Silicon Valley to jumpstart its self-driving car initiative. The announcement comes on the heels of Chinese authorities clamoring to get self-driving cars up and running in the next three to five years.

US company XpressWest has ended its collaboration with China Railway International

China Courts India to Build High-Speed Railways

Charissa Echavez |

Apr 23, 2016 09:18 AM EDT

China is wooing India to establish high-speed railways (HSRs) on other proposed routes, saying that it is equipped with the technology and expertise that can be beneficial for India's economy and people.

China Refutes Reports of Troop Deployment at North Korean Border

Som Patidar |

Apr 23, 2016 07:57 AM EDT

China dismissed reports on Friday about additional troop deployment at the North Korean border. The Ministry of National Defense issued a statement saying that the relevant reports are inconsistent with the facts.

Chinese Company to Build Nuclear Power Plants in South China Sea

Som Patidar |

Apr 23, 2016 07:19 AM EDT

A state-owned Chinese company is moving ahead with plans to build multiple floating nuclear power plants that can provide stable electricity to offshore projects.

US, China both committed to ratify Paris climate change before the year ends.

China, US Commit to Ratify Paris Climate Change Agreement This Year

Charissa Echavez |

Apr 23, 2016 06:56 AM EDT

China and the United States both committed on Friday to formally ratify the Paris climate change agreement by the end of the year, raising prospects of it being realized way earlier than expected.

AMD Inks a Deal with China to Supply x86 Server Technology

AMD Signs $293 Million Server Deal with China

Rina S. |

Apr 22, 2016 12:37 PM EDT

Advanced Micro Devices (AMD) inked a collaboration with Tianjin Haiguang Advanced Technology Investment Co. (THATIC) to supply processors and system-on-chip technology for the Chinese market. The collaboration will also focus on design server chips.

China Angered Over Indian Visa for Uyghur Leader Dolkun Isa

Som Patidar |

Apr 22, 2016 11:49 AM EDT

China criticized the Indian government on Friday for granting a visa to Germany-based Uyghur leader Dolkun Isa, who is branded as terrorist by Beijing.

China's Plan to Pass Through Northwest Waters Could Threaten Canadian Sovereignty

Maria Crisanta Echeverria |

Apr 22, 2016 07:18 AM EDT

To cut back on travel times between the Atlantic and Pacific Oceans, China encouraged its ships flying its flag to take the Northwest Passage via the Arctic Ocean, a route opened up by global warming.

Chinese Academy of Sciences Outshines Competition in Global Nature Index

Jenia Cane |

Apr 22, 2016 12:03 AM EDT

For the fourth consecutive year, the Chinese Academy of Sciences (CAS) garnered the top spot among global science institutions in the British Nature Publishing Group's prestigious Nature Index.

China’s Steel and Coal Workers Affected by Layoffs to Receive Assistance Package from Central Government

Jenia Cane |

Apr 21, 2016 11:57 PM EDT

As China's steel and coal industries continue to implement layoffs, the Central Government has revealed strategies that will help workers better cope with the challenges of losing their jobs.

China Holds Military Parade To Commemorate End Of World War II In Asia

Chinese President Xi Jinping Now China’s Military Commander in Chief

Julio Cachila |

Apr 21, 2016 01:36 PM EDT

Chinese President Xi Jinping has added a new role to his list of responsibilities as head of the country – he has also taken the role of commander in chief of the Chinese military.