China terminates investigation of EU wine imports

2014-03-24 15:39:13

Ministry of Commerce issues notice to formally terminate anti-dumping and anti-subsidy investigations into EU wine exports.

Huawei condemns NSA hacking

2014-03-24 12:17:45

Chinese telecommunication giant Huawei Technologies has condemned infiltration into its servers by the US National Security Agency as reported by the New York Times and the German magazine Der Spiegel over the weekend.

Alibaba buys stake in Silicon Valley messaging app

2014-03-21 13:15:30

Tango, a Silicon Valley start-up company that makes a messaging app, said it raised $280 million in a round of venture financing, with the bulk of the investment coming from Chinese e-commerce juggernaut Alibaba Group Holding Ltd.

Cathay Pacific adds HK-NJ direct flights

2014-03-21 13:15:30

Cathay Pacific Airways (Cathay) has added a direct flight trip between Hong Kong International Airport and Newark Liberty International Airport, a move the airline said underscores its growing presence in the New York area and China.

China talent top worry for US firms

2014-03-20 07:39:07

A shortage of qualified managers is the fastest-growing area of risk confronting US companies' Chinese operations, according to a survey.

Nation boosts holdings of US Treasuries

2014-03-20 07:28:34

China remained the largest holder of US debt in January, increasing its holdings for the first time in two months even as overall foreign demand for US Treasury securities weakened, according to new data from the Treasury Department.

China must ramp up for inbound tourism

2014-03-19 11:07:08

As China's tourism contribution to the global economy is expected to overtake that of the United State by 2027, China can focus on sustainable infrastructure growth and expand its tourism economy by making it more welcoming to international visitors, according to an industry expert.

Central bank denies bailout talks

2014-03-19 09:30:53

Central bank denies holding talks with property developer Zhejiang Xingrun Real Estate Co over the firm's inability to repay 3.5-billion-yuan debt.

Mobile pay halt: mixed reviews

2014-03-18 11:01:01

A move by China's central bank to halt mobile phone payment systems and virtual credit cards over security concerns disappoints convenience-cra-ving consumers as online and mobile payment transactions grow rapidly.

PE, VC firms cautious in China ventures

2014-03-18 07:35:31

Global limited partners are cautious about private equity and venture capital investment in China this year but they believe exit channels have become increasingly smooth, according to a report by ChinaVenture Group.

WeChat to take on WhatsApp

2014-03-17 11:13:08

China's WeChat, the fastest growing mobile social app in the industry, is setting its sights on the US market and says it's committed to offering unique value to brands, charities and education.

Alibaba's IPO will be in NYC

2014-03-17 11:13:08

Alibaba Group Holding Ltd's announcement that it will end months of market speculation by choosing New York over Hong Kong for what would be the largest US initial public offering ever by a Chinese company has sent shockwaves across the US financial community.