04/27/2024 12:32:36 am
04/27/2024 12:32:36 am
S. Rina | Jan 25, 2017 08:15 AM EST
China is one of the biggest internet markets in the world. The country continued its dominance as its user base grew rapidly in 2016. The rate of growth in the past year was the fastest seen in the previous three years period. read more
S. Rina | Jan 26, 2017 02:24 AM EST
China Molybdenum Co Ltd (CMOC) announced that it has inked a new deal with BHR, a Chinese private equity firm. read more
Ellie Froilan | Jan 24, 2017 04:36 PM EST
Xiaomi Global Vice President Hugo Barra has announced his impending departure from Xiaomi after the Chinese New Year. read more
Ellie Froilan | Jan 24, 2017 12:32 PM EST
Dalian Wanda Group's AMC Entertainment Holdings has bought Stockholm-based Nordic Cinema Group Holding for $929 million in cash. read more
S. Rina | Jan 23, 2017 03:19 PM EST
The trade relations between China and the US have hit a new low with the swearing-in of US President Donald Trump. Nonetheless, Chinese business tycoons have expressed their optimism that the two countries will be able to overcome their differences. Alibaba founder Jack Ma is one of the people who hold this hopeful perspective. read more
S. Rina | Jan 24, 2017 11:00 AM EST
China reported better-than-expected economy growth rate during the fourth quarter of 2016. However, its financial and real estate sector could not keep up the pace. The overall economy grew by 6.8 percent during the last quarter of the previous year. read more
Desiree Sison | Jan 23, 2017 06:12 AM EST
A group of high-level Philippine officials are set to meet high-ranking Chinese authorities this week in Beijing to iron out the final details of $15 billion worth of investment and economic deals that President Rodrigo Duterte inked with the Asian giant during his first official state visit to China last year. read more
S. Rina | Jan 23, 2017 10:32 AM EST
China continues its push to capture Hollywood with a new $1 billion deal with Paramount Pictures. Two Chinese firms Huahua Media and Shanghai Film Group have agreed to finance nearly a quarter of Paramount films over the next three years. read more
Staff Reporter | Jan 23, 2017 10:28 AM EST
China has given temporary relief to five of its major banks as authorities announced a cut in their cash reserve ratio. The lower ratio will allow the banks to employ more of their resources as they are not required to keep a high cash reserve. read more
S. Rina | Jan 20, 2017 10:03 AM EST
Wanda Group's Wang Jianlin, China's richest man, issued a stern warning to Trump. He said that any protectionist policy is likely to result in discord between the countries. He also added that such disagreements would be detrimental to both the countries. read more
S. Rina | Jan 20, 2017 09:57 AM EST
China has taken strong steps to curb Bitcoin operations in the country. The government authorities undertook a series of investigations into the working Bitcoin exchanges in China. It found that several practices were in contravention to existing laws. read more
S. Rina | Jan 20, 2017 09:50 AM EST
Chinese tech giant Alibaba Group has inked a sponsorship deal with Olympic Games. The collaboration is reported to be worth $800 million. This is one of the biggest agreement in the history of Olympic movement. read more
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. read more
mwaniki wanjiku | Jan 27, 2017 01:55 PM EST
An annual survey of business conditions in China conducted by the American Chamber of Commerce, or AmCham, found that 4 out of 5 companies feel less welcome in China than before read more
Ellie Froilan | Jan 19, 2017 07:58 AM EST
Alibaba's founder Jack Ma has expressed his huge interest in developing an investment in Pakistan. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
