CHINA TOPIX

03/28/2024 06:10:36 pm

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Girish Shetti

Hyundai and Kia Motors China Sales.

Hyundai and Kia Motors China Sales Suffer due to THAAD Tension: Report

The THAAD impasse continues to take a toll on South Korean companies operating in China. The latest to bear the brunt is Hyundai Motors and its sister company Kia Motors, which has been forced to cut down on its production target in the Chinese markets due to a slump in sales.

Trump Warns China over Pyongyang.

Trump Warns China That U.S. is Ready to Fight all Alone Against North Korea

U.S. President Donald Trump has given an upfront warning to China that the U.S. is ready to tackle the North Korea issue all alone if Beijing does not take a tough stance against its embattled communist ally. The warning comes barely days before Trump is supposed to host the Chinese President Xi Jinping at his real estate mansion in South Florida.

SEZ in Hebei province.

New Special Economic Zone in the Outskirts of Beijing Leaves Real Estates Prices Soaring

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.

Norway PM to visit China.

Norway PM to Visit China After Tension Over Noble Peace Prize Fiasco Cools Down

Norwegian Prime Minister Erna Solberg will arrive in China next week to hold discussions with President Xi Jinping on A host of bilateral issues, Norway said on Friday. The visit is likely to prove a big step in normalizing the bilateral ties after both countries decided to restore their diplomatic ties last year.

Trump's Tough Trade Tweets against China.

Trump’s Tough Trade Tweets Raise Tension Ahead of Xi Meeting

U.S. President Donald Trump on Thursday again resorted to his trademark tweets to rake up the trade issues with Beijing ahead of his next week meeting with Chinese President Xi Jinping. Trump's tough trade tweets came barely hours after China officially confirmed Xi and Trump's meeting on April 6 and 7 in Florida.

CEFC to pick up 20 percent stake in Cowen Group.

China’s Energy Giant CEFC to Acquire 20 Percent Stake in Brokerage Firm Cowen Group

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."

China Issues Tough Rules in Xinjiang.

China Issues Tough Rules to Nail Growing Extremism in Xinjiang

China is set to implement a new set of tough rules to keep a check on religious extremism in the Muslim-dominated region of Xinjiang, located in the country's far western region. These new sets of rules, which will be reportedly implemented from April 1, are seen as a countermeasure to a recent spike in insurgency violence in the region.

Xi to meet U.S. President Donald Trump.

China's President Xi to meet U.S. President Donald Trump for the First Time in Florida Next Month

Chinese President Xi Jinping will travel to the United States to hold a special meeting with U.S. President Donald Trump between April 6 to 7, Chinese foreign ministry confirmed on Thursday. This is the first official confirmation of the highly anticipated meeting amid media reports that the two powerful leaders may meet soon.

NHL Pre-Season Games in China.

China to Host First Ever Pre-Season NHL Games in September

The National Hockey League (NHL) will make an official debut in China in September with two pre-season games between Los Angeles Kings and Vancouver Canucks, NHL Commissioner Gary Bettman announced on Thursday in Beijing.

U.S. Employee Spying for Chinese Intelligence Agency.

US Department Employee Accused of Spying for Chinese Intelligence Agencies

A veteran US department employee on Wednesday was charged by the FBI about concealing her contacts with Chinese intelligence agents, who allegedly offered her financial rewards in exchange of the sensitive information's.

India’s Oppo Employees hold Violent Protest.

India’s Oppo Employees hold Public Protest after Chinese Employees Allegedly insults Indian Flag

The Indian regional office of Chinese smartphone manufacturers Oppo witnessed a massive protest by its workers on Tuesday, after one of its Chinese employees allegedly disrespected the Indian national flag.

French Police Fatally shoots Chinese Man.

China Lodges Protest after French Police Fatally Shot A Chinese Man

France said on Tuesday that it has launched an official investigation into the death of a Chinese man, who was shot dead by French police earlier this week at his Paris home.

Indian Terror Group Warns Dalai Lama.

Indian Terror Group Warns Dalai Lama: Avoid making anti-China Statements During Assam Visit

India's banned terror group United Liberation Front of Asom-Independent (ULFA-I) has issued a dire warning to the the Dalai Lama to avoid making anti-Chinese statements during his visit to Assam next month.

Tencent Acquires Five Percent Stake in Tesla.

Tencent Snaps up Five Percent Stake in Elon Musk’s Tesla

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.

China Southern Airlines Stake Sale.

American Airlines Acquires Minority Stake in China Southern Airlines

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.

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