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German President Joachim Gauck (L) shakes hands with Chinese Premier Li Keqiang ahead of a meeting at the Great Hall of the People March 21, 2016 in Beijing, China. (Photo: Wu Hong - Pool/Getty Images)

China’s Investment Climate Seen to Further Improve

Apr 01, 2016 06:46 PM EDT

China's investment climate is expected to further improve as the Central Government has pledged to foster a more conducive business environment, while upholding intellectual property rights to entice more foreign investors into the country, particularly those from the US.

Stanford professor Jeremy Baillenson, invited by Baidu gives a lecture during 'The BIG Talk' ( 'BIG' refers to Business, Internet and the next Generation) on July 30, 2014 in Beijing, China. (Photo: ChinaFotoPress/ChinaFotoPress via Getty Images)

China Set to Launch Pioneering Artificial Intelligence Project; Experts Pooled

Jenia Cane |

Apr 01, 2016 06:29 PM EDT

China's research on artificial intelligence is moving full steam ahead, as the country's leading Internet company is now assembling a team of experts whose main goal is to turn imagination into reality.

India's $10 Billion Cigarette Market in Trouble After Mandatory 85 Percent Pictorial Warning

S Satapathy |

Apr 01, 2016 02:42 PM EDT

India's Health Ministry's September 2015 notification about the implementation of the Cigarettes and other Tobacco Products (Packaging and Labelling) Amendment Rules, 2014 came into force on 1 April, 2016. The law calls for larger pictorial warnings on tobacco products.

Huawei’s Profit Rises by 33 Percent With 108 Million Smartphone Shipments in 2015

S Satapathy |

Apr 01, 2016 01:36 PM EDT

The profit of Chinese tech company Huawei rose by 33 per cent in 2015, driven by its smartphones sale. In its annual report, the company revealed that its net profits reached 36.9 billion yuan ($6.13 billion) in 2015 and its global revenue grew to 395 billion yuan, up by 37 percent from the previous year.

China Faces Challenges of Declining Labor Force & Aging Population

S Satapathy |

Apr 01, 2016 10:33 AM EDT

China's current demographic structure is severely distorted as the country now faces serious problems such as low fertility, an ageing society and gender imbalance. This may hinder economic development as well as social stability in the long run, labor experts warned.

China needs to build a more varied healthcare sector for the elderly population

Global Elderly Population to Double in 30 years

S Satapathy |

Apr 01, 2016 09:31 AM EDT

A report by the US census bureau revealed that the global elderly population is ageing at an increasing rate, with the number of people aged at 65 and over expected to reach more than double by 2050.

China's Economy Will Grow by 6.5% in 2016

S Satapathy |

Apr 01, 2016 07:32 AM EDT

The Asian Development Bank (ADB) has forecasted that China's economic growth reach 6.5 percent in 2016, according to its Asia Development Outlook 2016.

McDonald to Add 1300 Outlets in China

S Satapathy |

Apr 01, 2016 07:12 AM EDT

Fast food giant McDonald's is planning to add 1,300 restaurants to its existing 2,200 over the next five years.

China-led AIIB to Loan $500 Million to India for Solar Energy Expansion

S Satapathy |

Apr 01, 2016 07:11 AM EDT

The Asian Infrastructure Investment Bank (AIIB), where India is the second biggest shareholder after China, is looking to raise $500 million to support Prime Minister Narendra Modi's plan to expand the country's solar capacity to 100 gigawatts by 2022.

OPPO R5 Smartphone Review: Features 2GB RAM and 4G Connectivity

Daphne Planca |

Apr 01, 2016 06:43 AM EDT

Chinese tech giant OPPO introduced its R5 smartphone to the Indian market this year. Following the launch of the R5 smartphone, the device has received positive feedbacks and good reviews from tech enthusiasts.

Pregnant Chinese Woman Faints and Falls Into Railings, Dies of Suffocation

J.B. Cach |

Mar 31, 2016 01:03 PM EDT

A pregnant Chinese woman choked to death after her head got stuck in a roadside railing.

US Vows not to Recognize China's Exclusion Zone in Disputed South China Sea

Desiree Sison |

Mar 31, 2016 12:38 PM EDT

Amid raging disputes between China and the claimant states in the South China Sea, Washington has told Beijing that it will not recognize an exclusion zone in the disputed waters and it would view any attempts to create one as "destablizing."

Asian female Clinical Nutrition and Dietetics Manager discussing diet with Asian male person with diabetes

151 million expected to have diabetes in China by 2040

S Satapathy |

Mar 31, 2016 11:41 AM EDT

The swelling trend of diabetes is a foremost concern for China as close to 100 million people have been diagnosed with diabetes, which is highest in the world as per the data released by International diabetes federation (IDF). According to IDF, the number of diabetes cases has increased rapidly in recent years and is projected to reach 151 million by 2040 in the country. There are almost 500 million more people, suffer from so-called “prediabetes”—a stage where blood sugar levels are high, but not high enough to trigger a diagnosis—indicating what the IDF calls “the enormity of diabetes as a public health problem in China”. A study by IDF also says that 13% of medical expenditures in China are directly caused by diabetes.

ADB predicts China's growth will decline by 6.5 and 6.3 percent in 2016 and 2017, respectively.

ADB Predicts China's Growth to Plummet by 6.5 Percent in 2016

Charissa Echavez |

Mar 31, 2016 08:34 AM EDT

China's growth will plummet by 6.5 percent in 2016 and further reduce to 6.3 percent in 2017, according to the annual economic outlook released by the Asian Development Bank (ADB) on Wednesday, further cautioning the country's huge industrial overcapacity.

US to be Upfront With China at Nuclear Security Summit

Desiree Sison |

Mar 31, 2016 07:53 AM EDT

The Obama administration has said that it will not hide differences with China on maritime and cybersecurity issues saying it will be upfront when discussing these raging matters at the sidelines of the Nuclear Security Summit