NEW YORK (Reuters) – The closing deadline for China Oceanwide Holdings Group Co’s (0715.HK) proposed purchase of Genworth Financial Inc (GNW.N) has been extended for a second time, to April 1, to allow them to…
Monthly Archives For November 2017
Back to school: China kindergarten weathers child abuse storm for now
SHANGHAI/BEIJING (Reuters) – When RYB Education Inc became enmeshed in allegations of child abuse at one of its Beijing kindergartens, it touched off an angry online furor in China, a police inquiry and a precipitous…
US, China hold quiet military talks amid NKorea tensions
While in China, Dunford observed a Chinese military drill at Shenyang, about 120 miles from the North Korean border — an unusual stop for an official visit. This image made from video of a news…
Beijing warns Taipei against hyping up China’s jailing of Taiwanese activist
Supporters take part in a protest to urge for the release of Taiwan human rights advocate Lee Ming-che in Taipei Thomson Reuters BEIJING (Reuters) – China on Wednesday said that any attempt to hype up…
China has ‘grave concerns’ about North Korea’s latest missile test
China’s Foreign Ministry has expressed what it called “grave concern and opposition” to North Korea’s latest missile launch in an unusual rebuke of its neighbor and ally.Ministry spokesman Geng Shuang said the country hoped “all…
China and France Talk Economy and Finance in Beijing
Beijing, Nov 28 (Prensa Latina) China and France will engage this week in a fifth high-level dialogue on Economy and Finance as part of the visit here of French Minister of the sector, Bruno Le…
China Mobile Hong Kong issues warning as fraudsters cheat customers of HK$800,000 by posing as staff
China Mobile Hong Kong, one of the city’s largest mobile network operators, has issued an urgent anti-fraud warning to its customers in wake of a new scam by con artists posing as the company’s employees.…
Eviction of migrant workers in Beijing draws anger
BEIJING – Zhou Xinci left her hometown in China’s struggling rust belt four years ago for Beijing with little more than the clothes on her back and a dream to one day save enough money…
Back to school: China kindergarten weathers child abuse storm
Led by chief executive and founder Shi Yanlai, a vocal proponent for China’s early child education sector, RYB appeared to have hit all the right buttons. “When I heard the news, I was personally shocked…
ZTE bags China Unicom’s IMS project
ZTE has bagged 47 percent of the total share of the bid for China Unicom’s IMS project to serve 18.58 million subscribers. According to the bidding plan, China Unicom selects top 3 vendors of the…
China child abuse scandal: Police accuse parents of making claims up
He said he was furious at the news, but believes those were isolated cases. Past incidents involving RYB kindergartens included two cases in northeastern China, where four teachers were each sentenced to more than two…
Japanese creator of the instant ramen launches Hong Kong IPO, and promises hefty investment to spice up its products
Japanese instant-noodle legend Nissin Foods Holdings – the maker of Cup Noodles and owner of big selling and well-known brands such as Demae Itcho – plans to spin off its China and Hong Kong business…
Yum China Celebrates 30 Years in China, Charts Course for the Future
The Company’s four strategic priorities include maintaining focus on China and investing locally for growth; strengthening the core business through menu innovation, improving stores and a commitment to improve quality and value; investing and maintaining…