Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Philippines canned food company Century Pacific Food (CNPF) will acquire 100% stake in a group of unnamed Chinese distribution companies for a total price of $2.56m to further expand its branded exports business. In this regard, CNPF is ...
Tags: Century Pacific, exports business
Global forklift market has continued to grow since 2013 with sales exceeding 1 million units for the first time in 2014 and reaching 1.064 million units in 2015 (up 3.5% year on year), largely driven by the growth in U.S. and European ...
The first edition of Salone del Mobile.Milano Shanghai closed with great success: 20,750 visitors came to the show from the first tier regions of China and the central regions with strong growth rate, as Sichuan, Hubei and Henan. An ...
Tags: Salone del Mobile
Insiders say there's a silver lining to stagnant box office takes in 2016. Box office takes for China's film industry remained stagnant in 2016, but most industry insiders see it as a blessing in disguise. Last year's box-office total was ...
Tags: Film Industry, Turning Point
Through his six-decade career, Han Meilin-who is well-known as the chief designer of Fuwa, the good-luck mascots for the Beijing Olympic Games in 2008-has always turned to Chinese cultural traditions for inspiration. The 80-year-old began ...
Tags: Fuwa, Han Meilin
Archaeologists unveil the tragic story of a historic sea battle more than a century ago as they excavate an ironclad warship, Wang Kaihao reports. An iconic Chinese warship and the 245 officers-soldiers and crewmen who have been keeping a ...
Tags: Archaeologists, Sunken Heroes
Despite the global economic slowdown and tougher competition to attract capital, Shanghai attracted $18.5 billion in overseas investment in 2016, marking the 17th consecutive year of growth. According to official figures released by the ...
China's direct investment in the U.S. is expected to grow fast in 2017, but political realties pose major downside risk to it, according to a research report by a U.S. consulting firm. Chinese companies invested a record of 45.6 billion ...
China plans to seal free trade agreements with 40 percent of the countries and regions along the Belt and Road Initiative in 2017, officials said on Tuesday. The nation had already established FTAs or is in talks with 25 countries and ...
Tags: FTA, Belt and Road
China's manufacturing activity expanded for a fifth month in December. The manufacturing Purchasing Managers' Index (PMI) came in at 51.4 in December, lower than 51.7 in November and staying above the 50-point boom-bust line for the fifth ...
Tags: Manufacturing Activity, PMI
The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an "irresponsible" media report that the yuan had fallen below that ...
Tags: US dollar, Chinese economy
At the Peking University SOE Forum held in Beijing on Wednesday, China’s energy experts and scholars pointed out that the development of natural gas as an energy alternative to curb air pollution is crucial to China’s future ...
Tags: Natural Gas, energy
As 2016 comes to an end, there were many exciting and surprising technology breakthroughs, based on statistics complied by LEDinside there were at least 10 major technology advancements this year. American researchers make droop free LEDs ...
China's National Energy Administration (NEA) announced to receive additional capacity target for PV projects for 2016, filed by provinces, region, or municipality by up to 1GW each, in order to cope with surge in such projects as a result ...
Tags: PV projects, PV