china
China Ready to Take Tough Stance if Trade Tension With the US Escalates
| S. Rina | | Jan 23, 2017 08:06 AM EST |
China is gearing to retaliate if its trade ties with the United States takes a turn for the worse. US President Donald Trump has maintained his anti-China diatribe. China has taken a firm stand against Trump's rhetoric, which have touched upon subjects ranging from Taiwan sovereignty to currency manipulation.
China Offers $3.7B for Anti-Poverty Projects in the Philippines
| Charissa Echavez | | Jan 23, 2017 07:44 AM EST |
China will be working with the Philippines on 30 projects worth $3.7 billion that aim to alleviate poverty, the two countries announced following a meeting in Beijing on Monday.
China Claims ‘Two-Child Policy’ has led to Boom in Newborn Babies
| Girish Shetti | | Jan 23, 2017 07:32 AM EST |
China's two-child policy has brought a much-needed relief to policymakers as it helped to bolster country's population last year. The two-child policy, which replaced the controversial one-child policy, was introduced in 2013 as a solution for China's aging population.
China to Investigate Former Tianjin Mayor for Graft
| Girish Shetti | | Jan 22, 2017 02:25 PM EST |
Huang Xinggu, the former mayor of northern city of Tianjin, is the latest high-profile government official in China to face graft charges. President Xi Jinping's anti-corruption drive has led to conviction as well as suspension of several high-ranking officials.
China’s Anti-Corruption Campaign: Transparent and Accountable
| Jenia Cane | | Jan 22, 2017 11:03 AM EST |
China's anti-corruption campaign has proceeded without letup. Central government officials have briefed about 100 foreign envoys about its efforts to eliminate graft in the bureaucracy.
Another ‘Alien City’ Reveals Itself Floating above Another Chinese City
| Arthur Dominic Villasanta | | Jan 22, 2017 08:30 AM EST |
The massive and ephemeral city that suddenly appeared this week in the skies over the city of Yueyang.
MGCOOL Explorer 4K Action Camera now Available for Pre-Order on GearBest for Only $49.99
| Daphne Planca | | Jan 21, 2017 02:08 PM EST |
Online retailing website GearBest has announced that the MGCOOL Explorer 4K action camera is now available for pre-order for $49.99 (approximately 343.76 Yuan / Rs. 3,404.82).
IMF Upgrades China Growth Estimates, Making it the Fastest Growing Large Economy
| S. Rina | | Jan 21, 2017 01:38 PM EST |
The International Monetary Fund (IMF) has raised its forecast for the Chinese economy. A report released on Monday stated that China's economy is expected to grow by 6.5 percent during this year. This estimate is higher than previous estimates by 0.3 percent.
Tsinghua Unigroup Unveils Plan to Build $30 Billion Chip Factory in Nanjing
| Girish Shetti | | Jan 21, 2017 12:42 PM EST |
China's state-owned Tsinghua Unigroup Ltd. on Thursday unveiled an ambitious plan to construct a $30 billion memory chip factory to bolster its local production capacity.
Domestic Consumption Remains A Growth Driver for Chinese Economy; China General Chamber of Commerce In Upbeat
| S. Rina | | Jan 21, 2017 01:55 AM EST |
China is making a shift from manufacturing based economy towards consumption based economy. The country made impressive achievements in 2016 as domestic consumption emerged to be the primary growth driver for the economy last year.
China’s First Cargo Train to UK Arrives in London
| Girish Shetti | | Jan 20, 2017 02:46 PM EST |
China's first freight train service to the United Kingdom arrived at its final destination at Barking's rail freight terminal in East London on Wednesday. The cargo train embarked on the historic London journey from China's Yiwu in Zhejiang province more than two weeks ago.
China Emerges as Champion of Globalization at World Economic Forum
| Jenia Cane | | Jan 20, 2017 10:38 AM EST |
China has recently been making a strong pitch for globalization, as President Xi Jinping called on countries across the globe to “boost open economies.”
China Reaffirms Support for EU Integration
| Jenia Cane | | Jan 20, 2017 10:31 AM EST |
In contrast to US President-elect Donald Trump’s anti-globalization rhetoric, China has thrown its full support behind EU integration.
Ulefone Gemini Smartphone Officially Launched in China
| Daphne Planca | | Jan 20, 2017 10:29 AM EST |
Chinese smartphone brand Ulefone officially launched its newest "budget-but-reasonable" smartphone dubbed as the Ulefone Gemini. The company has claimed that this device will be the most affordable high-end product consumers will find on the market.
China’s US Treasury Holding Declines for Sixth Month; Hits Lowest Level Since 2010
| S. Rina | | Jan 20, 2017 09:53 AM EST |
China continues to cut its US treasury holdings for the straight sixth month. It sold $66 billion worth of US debt in November, taking its holdings to the lowest level since 2010. China is currently taking steps to boost up its local currency.
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