The capital city of Beijing has been blanketed in thick smog in the past two days with visibility reduced to as low as 100 metres (328 feet), reported the People’s Daily Online. Latest pictures, taken…
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China to allow 'reasonable' local government financing needs
“Local governments will continue to issue bonds to replace the existing debt to help reduce interest burdens, ease debt repayment pressure and guard against financial risks,” it said. China’s overall debt has jumped to more…
China's Wanda Group purchases Dick Clark Productions
BEIJING — China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1 billion for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss…
China's Leading Online Insurer ZhongAn Launches ZhongAn Technology Creating a New Fintech Ecosystem
SHANGHAI, Nov. 4, 2016 /PRNewswire/ — ZhongAn Online Property & Casualty Insurance Co., Ltd. (“ZhongAn”), China’s first online insurance company, announces the establishment of ZhongAn Information and Technology Services Co., Ltd. (“ZhongAn Technology … (…
National Bank of Canada in inaugural panda bond sale
Canadian banks have historically not been as big in the China sphere – panda bonds give you an onshore hedge, so it is really whether you need the RMB,” said Keith Pogson, a Hong Kong-based…
China unveils its most powerful drone bomber, which can fly for two days without refuelling within a range of 15,000 miles
It was the latest sign of the growing sophistication of the China’s military technology. The fifth-generation warplane, which outwardly resembles the Lockheed Martin F-22 Raptor in service with the U.S. military, performed a series of…
China's Wanda Group buying Dick Clark Productions
China’s Dalian Wanda Group announced on Friday its $1 billion US acquisition of Dick Clark Productions, the TV company that produces the Golden Globes and the Miss America pageant. One of China’s most important conglomerates,…
China's Wanda extends Hollywood push with Dick Clark deal
It already owns Legendary Entertainment, co-producer of film hits such as “Jurassic World”, and U.S. cinema chain AMC Entertainment Holdings Inc AMC.N. It also has business ties with Sony Pictures and Sony Corp’s 6758.T film…
Paging Chinese airlines' ideal customer – the Western business traveller
At Airshow China this week, the country’s largest air expo, flag carrier Air China showed off virtual reality goggles for long-haul business class customers. Fast-growing Hainan Airlines has unveiled menus by Michelin-star chefs, joining bigger…
China's Wanda buys Dick Clark Productions for $1 billion
BEIJING – China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1 billion for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss…
AIRSHOW-Paging Chinese airlines' ideal customer: the Western business traveller
China’s airlines are sprucing up services on gleaming new jets to fresh destinations with the bold aim of cracking a lucrative passenger market dominated by established rivals – Western business travellers. At Airshow China this…
China's Dalian Wanda buys Golden Globes firm
Mr Wang has not shied away from his ambition to make China a dominant global force in entertainment and to bring “more Chinese elements” to the output. But he insists he is motivated by a…
Beijing to intervene in Hong Kong lawmaker oath dispute
HONG KONG (AP) — Beijing plans to intervene in a Hong Kong political dispute over two young, newly elected separatist lawmakers being fought in the city’s courts, in a rare move that is stoking fears…
