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…
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China unveils its most powerful drone bomber, which can fly for two days without refuelling within a range of 15,000 miles
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…
China actively pushing forward property tax reform – finance minister
BEIJING (Reuters) – China is actively pushing forward reforms on property taxes as it overhauls its fiscal system, Finance Minister Lou Jiwei said in written comments at a forum on fiscal policy in Beijing on…
China carfentanil trade thrives as seizures top 400 in U.S.
Fueled by a thriving trade out of China, the weapons-grade chemical is suspected in hundreds of drug overdoses in the U.S. and Canada. An AP investigation last month showed how easily carfentanil can be purchased…
Is China Repeating Japan’s Missteps?
China and Japan may seem to inhabit alternative economic universes. After more than two decades of stagnation, Japan is a fading global power that can’t seem to revive its fortunes no matter what unorthodox gimmicks…
Buying deadly drugs online from China takes just minutes
A member of the Royal Canadian Mounted Police opens a printer ink bottle containing the opioid carfentanil imported from China, in Vancouver, June 27, 2016. SHANGHAI– A few thousand dollars, a few minutes and a…
Starbucks looks for China caffeine hit
Starbucks boss Howard Schultz has said expansion in China will secure its future for “decades to come”. While Starbucks still makes most of its profit in the US, Mr Schultz said its Chinese stores were…
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