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Medtronics is facing a $17 million fine from Chinese price regulators for reportedly practicing an unfair business scheme.

China Fines Medtronic for Unfair Business Practice

Dec 07, 2016 12:34 PM EST

China's price regulator on Wednesday announced that they had fined US medical firm, Medtronic, based in Shanghai for unfair business practice.

Express crews prepare packages very deliveries that had been shopped for online

China's Shopping Extravaganza Raises Worry Among Envirometalists

Steve M.C. |

Nov 14, 2016 02:20 PM EST

Environmentalists in China have voiced concern about China's low recycling habits following Singles Day, the world's biggest shopping extravaganza that happened last week Friday.

A Chinese woman carries coal in the hills above the Chishui River

China Capable of Meeting Oil, Coal Annual Reduction Target

Steve M.C. |

Nov 13, 2016 12:02 PM EST

A Chinese official has confirmed the possibility of China meeting its yearly target of reducing its over congested steel and coal industry.

A representation of apartments that are yet to be built in China

China’s Real Estate Sector to be Scrutinized by Housing Ministry

Steve M.C. |

Nov 08, 2016 08:58 AM EST

Real estate developers and agents have been put on notice by China's watchdog and housing market regulator. A month-long inspection of the real estate sector in the entire country to review practices is set to begin.

Chinese Laborers Work At An Oil Well In Hejian

Private Investors Celebrate as China Sets out to Boost Public-Private Partnership

Staff Reporter |

Aug 24, 2016 01:49 PM EDT

Private investors would soon be able to compete equally with government companies in infrastructure development in China. This comes at a time when the world's second-biggest economy is experiencing low investment.

China Unveils Three-Year Plan to Fuel Artificial Intelligence Growth

Sami Ghanmi |

May 25, 2016 11:42 AM EDT

China's National Development and Reform Commission (NDRC) has announced a three-year guidance program in which the country plans to increase the advancement of the nation's artificial intelligence (AI) sector.

China, Japan Compete to Lead the First High-Speed Railway Construction in Indonesia

Eana Maniebo |

Aug 13, 2015 08:17 AM EDT

Indonesia's plan to construct its very own high-speed railway system has attracted separate offers from Asia's largest infrastructure giants, China and Japan.

Qualcomm To Pay Record US$975M Fine To China

Dino Lirios |

Feb 10, 2015 12:50 AM EST

Qualcomm Inc. announced on Monday that it agrees to pay a record US$975 million fine to China, to finally put a more than year long standoff it has had with the National Development and Reform Commission of China (NDRC), its anti-trust authority.

Ex-NDRC director Liu Tienan admits to graft.

Former Senior Official In China Pleads Guilty To Corruption Charges

Christl Leong |

Sep 24, 2014 01:06 PM EDT

A former senior official in China on Wednesday pleaded guilty to bribery charges even as he called for reforms to dilute powers granted to government officials.