Socialist democratic China historically backs socialist North Korea in latter’s economic and political missions. North Korea has announced successful testing of hydrogen bomb on Wednesday last. Long time friend China this time joins the US fearing regional destabilization through the neighbor’s dreadful nuke tests.
Tags: China
ChemChina is one step closer to acquire Swiss agrochemicals Syngenta
Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.
China Crackdown: At Least Seven Human Rights Lawyers Are Still Detained Over "Subversion"
After a massive activism crackdown in July 2015, at least seven human rights lawyers were still in custody. One of them is founder Beijing Law Firm Fengrui, and the other lawyers are employees of the law firm. They are most likely to face trial for the subversion accusation.
After Test Flights In Spratly, China Intends Regular Flights From Woody Islands, Invites For Private Investments
China has been claiming most of the potentially oil- gas enriched islands located in the South China Sea region. Moreover, naval routes of this region are extremely important for passage of huge trade consignments. These factors have allured China to take control over the zone. But Chinese efforts in this regard are creating tensions among its neighboring countries, also claimant for the disputed islands.
China's Baidu is considering investing in Indian's Zomato, BookMyShow, and BigBasket
The top online search engine already had the initial discussions with the three Indian startups. Baidu seeks to expand to India due to growing online population and internet user.
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China is undergoing a range of economic difficulties that has slowed the entire country's economy. From fixing the falling currency value to getting more people to spend, here are some possible solutions.
China's slowdown has caused negative effects in businesses and countries around the world that financially depend on a large chunk of business with the Asian country. China must transition into a consumer drive economy in order to grow in the future, but the steps necessary to do so are complicating their international partnerships.
US Treasuries dropped for the first time in seven days as China concerns eased. The unexpected depreciation of Yuan by China's central bank sent shock waves across the global markets. This triggered selloff in equities and forced investors towards safe havens such as treasuries and gold.
The Chinese startups showing off their products at CES this year demonstrated the large amount of innovations being created in the country. The companies debuted impressive smartphones, car-smartphone integrations, and giant helicopter-like drones.
China seeks to disarm North Korea nuclear weapon. Beijing has initiated dialogue with South Korea after North Korean conducted its fourth nuclear test on Wednesday.
In the recent update of South China Sea dispute, incident of Chinese coastguard attacking Vietnamese fishermen occurred even more. The fishermen were beaten and their equipments were broken. Chinese coastguard also damaged the ship.
Vietnam issued second warning for China for landing two airplane on the artificial island in disputed Fiery Cross Reef.
Continuing 12-month falling streak, South Korea suffered drop in exports during December 2015 as well. The sluggish Chinese demand and weaker global outlook have impacted South Korea's exports in 2015. The drop in exports surpassed the forecast of economists.
The Chinese government just passed a new controversial anti-terrorism law as part of the country's effort to curb any threat either from the inside or outside of the country. According to the new law, the Chinese authority has the right to request for sensitive information from any technology firms in the country.
