Tags: China

China January FDI grows at strongest pace in four years

Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient services industry.


Eyes of the world on Greece

The coming week will go a long way to dictating whether Greece remains in the euro zone. A meeting of euro zone finance ministers on Monday is tasked with producing a deal that will keep Greece solvent and which is acceptable to both sides.

China plans international tourism zone with North Korea, Russia: state media

China is planning an international tourism zone in its northeastern border area with Russia and North Korea, state news agency Xinhua said on Friday, in Pyongyang's latest push for new investment.

Xiaomi Mi 4 Review: Rage behind the World's Third Selling Smartphone; Next to iPhone, Galaxy Series

Some things just work perfect when combined together. Count, for instance, Xiaomi’s Mi 4, the flagship phone of this Beijing-based company that ranks third in the world’s most selling Android phones in 2014. With its beautiful design, coupled with snappy performance, and a bombshell price that starts at $325, the Mi 4 is one big a deal that is hard to ignore.


Latest News

Chinese Premier Li Keqiang has urged Greece's new leftist Prime Minister Alexis Tsipras to ensure protection of the rights of China's companies and backing for a key port project, the Chinese Foreign Ministry said on Thursday.
Thailand plans to build high-speed railway links connecting Bangkok to tourist destinations south of the Thai capital modeled on Japan's bullet trains, Thai Prime Minister Prayuth Chan-ocha said on Thursday.
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks.
China CNR, one of the country's top trainmakers, said it was interested in buying foreign rail-linked technologies as China seeks to export its high-speed trains and rail expertise.
China's Foreign Ministry said on Wednesday it had no knowledge of any offer by Beijing for aid to Greece after Greece's deputy foreign minister said China had offered economic support even though Athens had not requested it.
China's regulators are targeting foreign firms, a majority of respondents said in a survey by an American business lobby, citing protectionism among the top concerns for their operations in the world's second largest economy.
Investors are rushing into China's booming healthcare business, helping M&A deal values surpass those of the hot Internet sector, as the country prepares to cater to hundreds of millions of elderly patients.
Asian stock markets were subdued on Wednesday while major currencies barely budged as looming euro zone meetings to discuss the Greek debt crisis overshadowed a firmer finish on Wall Street.
Tesla Motors Inc (TSLA.O) Chief Executive Elon Musk is prepared to fire overseas executives, people with knowledge of the matter said, after weak Chinese sales of the company's luxury electric cars cast doubt on his ambitious global expansion plans.
Commodity price-dependent currencies such as the Australian dollar and Norwegian crown were the main movers on major foreign exchange markets on Tuesday, gaining up to a third of a percent on talk of more economic stimulus in China.
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