04/16/2024 12:21:07 am
04/16/2024 12:21:07 am
Girish Shetti | Apr 03, 2017 01:29 PM EDT
China has announced that it will develop a special economic zone (SEZ) in one of the sleepy districts of Hebei province. This new SEZ, which will be located nearly 100 kilometers away from capital Beijing, is expected to revitalize the sluggish economy and minimize the burden on the over-populated city. read more
Ellie Froilan | Apr 03, 2017 05:46 AM EDT
Mobike Technology Co. Ltd has announced its deepened strategic partnership with Tencent, tapping the 889 monthly active users of WeChat app. read more
Girish Shetti | Mar 31, 2017 06:18 AM EDT
Chinese conglomerate CEFC China Energy has announced its plan to buy a 20 percent stake in the American financial services Cowen Group for $100 million. Both companies have described the deal as part of the "long-term strategic investment." read more
Girish Shetti | Mar 29, 2017 04:12 AM EDT
Tencent has picked up a five percent stake in American electric car manufacturer Tesla. The Chinese internet giant has reportedly bought nearly 8.2 million shares in Tesla. read more
Girish Shetti | Mar 28, 2017 05:31 AM EDT
China Southern Airlines Co. announced on Tuesday that it has agreed to sell more than two percent stake to American Airlines for approximately $200 million. The deal makes the American Airlines the second U.S. carrier to own a minority stake in Chinese carrier after Delta Air Lines picked up a 3.55 percent stake in China Eastern Airlines in 2015. read more
Prei Dy | Mar 28, 2017 02:57 AM EDT
GE Renewable Energy has been selected to deliver three 6MW Haliade 150 offshore wind turbines for a 73MW demonstration project in China, expanding the US company's overseas wind offering to Asia. read more
Girish Shetti | Mar 27, 2017 02:09 PM EDT
China has overtaken Singapore to emerge as the biggest investor in Malaysia's real estate market, according to data prepared by a leading research company. This suggests that Chinese investors are getting wary about the soaring real estate prices in the domestic market and are hunting for cheap bargains abroad. read more
Girish Shetti | Mar 27, 2017 03:02 AM EDT
Hyundai Motor has temporarily decided to suspend production at a Chinese plant starting from next week, South Korean online news website ChosunBiz reported on Sunday, in what appears to be the latest fallout of the ongoing THAAD fiasco. read more
Girish Shetti | Mar 26, 2017 07:35 AM EDT
Apple on Saturday scored a judicial victory that could potentially turn into a watershed moment for company's copyright infringement battle in the Chinese smartphone market. A regional patent tribunal in Beijing has overturned last year's ruling that accused Apple of stealing the iPhone 6's design from a local Chinese phone manufacturer Shenzhen Baili, resulting in a subsequent ban on the iPhone 6 and iPhone 6 Plus in the country. read more
Girish Shetti | Mar 25, 2017 06:14 PM EDT
Baidu has once again made it clear that Artificial intelligence (AI) is among its top business priorities. China's Google clone announced on Friday that it would set up its second research and development (R&D) facility in the Silicon Valley to help the company get an edge in the AI sector. read more
Girish Shetti | Mar 23, 2017 09:15 AM EDT
The state-owned China Southern Airlines is currently pursuing a sale with the American Airlines (AA), with talks reportedly having reached to the advanced stage. If the talks are successful, it would bring together two of the biggest airlines in the world. read more
Ellie Froilan | Mar 22, 2017 05:12 AM EDT
Huawei has announced a huge investment in research and development in New Zealand over the next five years. read more
Girish Shetti | Mar 22, 2017 05:00 AM EDT
Airbnb has finally made its mind to go for the one big crack in the Chinese market, which will probably make or break its destiny in the world's largest tourism market. read more
Ellie Froilan | Mar 22, 2017 03:14 AM EDT
Leeco has announced its partnership with Amazon India to sell next generation “ecotvs” in Indian market. read more
Girish Shetti | Mar 22, 2017 03:13 AM EDT
America's software giant Microsoft has announced that it is ready with its new customized Windows 10 version to quell down all the security concerns of Chinese authorities. 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
