Indian entrepreneurs are trying to attract Chinese capital by intensifying their efforts at promoting investment opportunities in India, according to speakers at the India China (Wuxi) Business and Investment Forum, held Monday, March 28, in Wuxi, East China's Jiangsu Province, the Global Times reported.
Xiaomi has launched a smart rice cooker in an effort to capture China's consumers and promote the country's electronics on the back of a booming smart home market.
Kim Wong, a Chinese junket operator in the Philippines, promised to the Bangladeshi Central Bank that he would partially return the $81 million stolen by hackers from the poor Asian country.
An international consumer finance provider based in the Czech Republic has announced plans to invest 6 billion yuan ($921 million) in China as part of its expansion efforts, according to an article by China Daily.
Le Sports has received 8 billion yuan from investors in the second round of financing, giving the Internet-based company a significant edge over rivals, China Daily reported.
Oracle and Google will meet for another round in court this May. Most recent reports have it that the business technology giant is asking Google the largest copyright verdict ever over the alleged software copyright infringement.
A Chinese aircraft manufacturer has come up with an idea on how to build safer airplanes using big data and cloud technology, amid global concerns on how to reduce safety risks caused by unusual human behavior and how to recover and analyze data from air crashes, the Xinhua News Agency reported.
In a report released by Dingding Rent, an online rental service, most Chinese prefer renting instead of purchasing real estate, cited China Daily.
Hilton Worldwide has unveiled its 223-room property in Guangdong Province, China, underscoring its initiative to capture the country's emerging middle-class segment.
Guo Guangchang, dubbed as the "Chinese Warren Buffett" and founder of Chinese investment conglomerate Fosun International Ltd., is hastening the overseas expansion of Fosun by acquiring the Thomas More Square complex in London for around 300 million pounds ($426.4 million), China Daily reported.
Major tech firm LeEco Holdings Co. Ltd. is aiming to enter several overseas markets within the year as part of efforts to establish itself as a global company, China Daily reported.
Scotland’s commuting system and local employment are expected to improve as Chinese investment group SinoFortone Group and China Railway No 3 Engineering Group have signed a memorandum of understanding with the government of Scotland on Monday, March 21, to undertake infrastructure projects worth nearly 10 billion pounds ($14.3 billion), China Daily reported.
It is not just wealthy Chinese whose standard of living have changed. Ordinary Chinese consumers are also moving upward economically as reflected in their choice of brands when purchasing products.
Nintendo has denied that they are ending the production of Wii U. The NX is reportedly rumored to be launched in 2016.
Small electric vehicle (EV) makers in the United States are getting the support they need from Chinese investors after the market for EVs and the technology did not take off despite early optimism in the country, autonewschina.com reported.
