Business

Apple Announces two More R&D Centres in China Amid Falling Sales

Girish Shetti   | Mar 17, 2017 11:52 AM EDT

American tech behemoth Apple has announced that it will set two new research and development centres in China as it grapples to revive its fortunes in the world's largest smart phone market. read more

Pinterest Falls Prey to China’s Great Firewall

Girish Shetti   | Mar 17, 2017 05:54 AM EDT

Pinterest has become the latest social media site to end up on the wrong side of China's strict internet censorship after reports emerged that the popular scrapbooking website has been inaccessible in Mainland China for one week now. read more

Alibaba Invests in Augmented Reality Navigation for Cars

Ellie Froilan   | Mar 16, 2017 04:59 AM EDT

Alibaba has announced its latest investment to Swiss augmented reality developer WayRay. read more

China giving a tough fight to U.S. and Japan in Patent Application, WIPO Survey Claims

Girish Shetti   | Mar 15, 2017 10:51 AM EDT

China's patent applications in 2016 zoomed by whooping 45 percent, according to the World Intellectual Property Organisation (WIPO), putting the Asian giant well on the course to surpass Japan and U.S. to emerge as largest user of the international patent system. read more

Trump’s Representative Vows Tough Action Against China’s Trade Policies

Girish Shetti   | Mar 15, 2017 09:27 AM EDT

President Donald Trump's pick as U.S. trade negotiator, Robert Lighthizer, has vowed to go tough on China's alleged unfair trade practices as calls to launch a trade war against the world's second largest economy intensifies within the Republican administration. read more

Marks & Spencer Pulls the Plug in China After Less Than 10 Years

Prei Dy   | Mar 15, 2017 03:07 AM EDT

Marks & Spencer has pulled the plug of almost all of its prestigious 10 branches in mainland China since the start of the year, the retailer confirmed. read more

Anbang Insurance Denies Investment in Manhattan Building Owned by Trump’s Son-in-Law

Girish Shetti   | Mar 15, 2017 02:48 AM EDT

China's insurance giant Anbang Insurance Group has flatly dismissed the reports that it is investing in a flagship Manhattan tower owned by the family of Jared Kushner, the son in law of US President Donald Trump. read more

Bell 505 Jet Ranger X Helicopter Receives Major Order from China's Reignwood

Prei Dy   | Mar 14, 2017 05:14 AM EDT

China's Reignwood Aviation is set to become the largest fleet operator of the Bell 505 Jet Ranger X light-single helicopter after it announced a 50-ship order to be delivered over the next three years. read more

Boeing and Ford set to Expand their Production in China

Girish Shetti   | Mar 14, 2017 05:20 AM EDT

The U.S. multinational giants Boeing and Ford are surging ahead in China with their ambitious expansion plans, shrugging off the ongoing economic slowdown. read more

Search Engine Giant Google Inching Towards Comeback in China?

Girish Shetti   | Mar 13, 2017 08:38 AM EDT

American search giant Google is in serious talks with China to make a comeback in the lucrative Chinese market, after the strict censorship issues forced the search engine company to shut its business operation in Mainland China. read more

U.S. Exporters Will Suffer More if Trade War Breaks out, China Warns

Girish Shetti   | Mar 11, 2017 04:13 PM EST

Any possibility of a trade war between China and the U.S. would cause enormous pain for both the economies, China's Commerce Minister Zhong Shan warned on Saturday as the reports of President Donald Trump's administration working on anti-trade policies against China continues to gather steam. read more

Dick Clark Productions' Deal with Dalian Wanda Officially 'Terminated'

Prei Dy   | Mar 11, 2017 12:39 AM EST

Dalian Wanda's $1 billion deal with Dick Clark Productions, the company behind the Golden Globe Awards, has officially been "terminated," Eldridge Industries confirmed on Friday. read more

U.S Files Anti-Dumping Petition Against China’s Aluminium Foil Manufacturer

Girish Shetti   | Mar 10, 2017 04:26 AM EST

The U.S Aluminum Association on Thursday filed an anti-dumping petition against the Chinese aluminium manufacturers, marking the first official trade complaint against China under the new Trump regime. read more

China’s Factory Prices in February Surges to 8-Year-High

Girish Shetti   | Mar 09, 2017 08:47 AM EST

China's producer price index (PPI) in February recorded the steepest increase in nearly eight years while consumer inflation increased moderately, according to the latest data released by the National Bureau of Statistics. read more

China's Didi Chuxing Opens R&D Centre in Silicon Valley

Girish Shetti   | Mar 09, 2017 04:00 AM EST

The Chinese ride-sharing company Didi Chuxing on Thursday opened a new research and development centre - DiDi Labs - in Mountain View, California. This is the first physical officie that Didi has opened up outside China. read more

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