After years of struggling under austerity imposed by European partners and a chilly shoulder from the United States, Greece has embraced the advances of China, its most ardent and geopolitically ambitious suitor. While Europe was…
Monthly Archives For August 2017
Yum China : Announces Appointment of Jacky Lo as Chief Financial Officer
SHANGHAI, Aug. 28, 2017 /PRNewswire/ — Yum China Holdings, Inc. (the ‘Company’ or ‘Yum China’) (NYSE: YUMC) today announced the appointment of Jacky Lo as its Chief Financial Officer, effective September 1, 2017. ‘We’re delighted…
India and China Agree to End Border Standoff
India and China have agreed to an “expeditious disengagement” of troops in a disputed border area where their soldiers have been locked in a stand-off for more than two months, India’s Foreign Ministry said on…
BRICS youth expect summit to enhance cooperation in finance, trade, education
Anait Agadzhanian from Russia, who majors in finance, will graduate from Xiamen University this year. She plans to find a job in China because she thinks she has more opportunities here. Agadzhanian said she believes…
Overseas property crackdown from China to be ‘widely felt’
Beijing: A Chinese government crackdown on offshore property deals will be widely felt in countries including Australia, says Trade Minister Stephen Ciobo. Chinese companies have been the biggest source of new foreign investment in Australia…
China Information Technology, Inc. : CNIT Retains Dr. Daxi Li, Investment Banking and Tech Specialist, as Chief Advisor
SHENZHEN, CHINA / ACCESSWIRE / August 28, 2017 / China Information Technology, Inc. (NASDAQ: CNIT), a provider of cloud-application-terminal technology for internet-based ad distribution and ad display terminal sharing systems in China, today said it…
China UnionPay Files a Major Blockchain Patent Related to ATMs
It is always interesting to see existing financial players embrace blockchain technology. China UnionPay, one of the major players in China, attempts to patent a blockchain-related technology as we speak. Their goal is to connect…
China’s top insurers ploughing billions into fintech
China Life and Ping An Insurance, the country’s two largest insurers, have both been focusing heavily on investment in technology, and now it appears artificial intelligence (AI) may becoming more important than sales agents across…
China Is Trying to Give the Internet a Death Blow
For years, the only way to get to such services has been with a virtual private network (VPN), a tool that slips past China’s “Great Firewall” into the freedom of the outside world. Even as…
Chinese weightlifters lose appeal as doping confirmed at Beijing Olympics
Two Chinese female weightlifters have lost their appeals against being stripped of their 2008 Beijing Olympic gold medals for doping. The Court of Arbitration for Sport said Monday that the IOC was right to disqualify…
India, China pull some troops from disputed Himalayan border
India and China have agreed to an “expeditious disengagement” of troops in a disputed border area where their soldiers have been locked in a standoff for more than two months, India’s foreign ministry said on…
China claims victory over India in Himalayan border row
The area is known as Doklam in India and Donglang in China. The news comes a week before a visit to China by Indian Prime Minister Narendra Modi. The plateau, which lies at a junction…
Beijing’s grand plan for electric cars: looks good, but under the bonnet …
To true believers it is a demonstration of the economic superiority of central planning. In 2015, Beijing declared its plans to dominate the world’s electric car industry by the year 2025. And to benchmark progress…