Top 4 Free Things To Do In Shanghai, China

Top 4 Free Things To Do In Shanghai, China

Though Shanghai is an expensive place to visit in China compared to other cities, there are activities you can enjoy without having to empty your wallet. The financial hub of the country is quite famous for its fine dining and designer boutiques, but many travelers don’t know that Shanghai also offers free activities. Here are […]

China’s Shanghai Composite Index Rises Most Since 2012

China’s Shanghai Composite Index Rises Most Since 2012

Trading volume in Chinese stock markets rose to a record on Wednesday. The Shanghai Composite Index climbed to 3.6 percent this week and 31.4 percent this year. The 0.06 percent rise in the market on Wednesday marked the 9th gain in 10 sessions. The value of shares traded increased to 529.4 billion yuan ($86.1 billion). […]

Qatar Investment Authority To Introduce $10 Billion Investment Fund In Asia

Qatar Investment Authority To Introduce $10 Billion Investment Fund In Asia

QIA (Qatar Investment Authority) stated that it has signed a memorandum of understanding with The CITIC Group to launch a $10 billion fund to invest in Asia, reveals an official statement. CEO of Qatar’s sovereign wealth fund Ahmad Al-Sayed made the announcement at the launch of the Credit Suisse Fifth Annual Emerging Markets Leadership Forum […]

China Firmly Denies That Shanghai Army Is Behind CyberAttacks

China Firmly Denies That Shanghai Army Is Behind CyberAttacks

SHANGHAI — A day after a security company in the United States accused a People’s Liberation Army unit in Shanghai of engaging in warfare using cyberattacks against U.S. government agencies, organizations and corporations, China’s defense ministry issued a strong denial while insisting  that the company’s report was flawed. On Wednesday at a Beijing news conference, […]

Fireworks Truck Explodes On Bridge In China

Fireworks Truck Explodes On Bridge In China

HONG KONG — A truck full of  fireworks blew up on an elevated expressway in China Friday, unleashing a fiery blast on Friday that overturned vehicles 30-yards, hitting the ground, and killed at least nine people, according to a state news report. According to a website called Dahe Dailz, a newspaper in Henan, The fireworks truck was driving close […]

Car Crashes Kill Over 40 People During China’s Peak Holiday Season

Car Crashes Kill Over 40 People During China’s Peak Holiday Season

BEIJING, China – Over 40 people have been killed on roads in China following four major car crashes since Friday, while hundreds of millions of Chinese citizens are traveling home for the Lunar New Year that falls on Feb. 10 in 2013. Over-sized automobiles, unsafe road conditions and, bad driving habits have all worked together […]

Should Beijing Rethink Its Automobile Policy?

Should Beijing Rethink Its Automobile Policy?

Nine years ago, vehicle consumers in China bought 1.8 million light weight vehicles, making the country the seventh-largest auto market world-wide. Currently, China has surpassed the U.S. to become the world’s leader in vehicle sales, and continues to hold and grow that lead. During this time, China has become a source of major profits for […]

Automobile Industry Anticipates Chinese Road Blocks

Automobile Industry Anticipates Chinese Road Blocks

Pollution, a weakening economy, and congestion are curbing the need for vehicles out East. Auto makers saw a gold paved road in China – which accounts for almost 25% of global auto sales – and buyers in China are fond of foreign brands, with Volkswagen taking the largest auto-market share in China. However, automobile sales […]

Huawei Technologies: Australian Law May Exclude Chinese Firms

Huawei Technologies: Australian Law May Exclude Chinese Firms

On Friday, an official of Huawei Technologies, a Chinese telecoms equipment giant, said that he was concerned that a new Australian law protecting communication networks from hackers may exclude companies from receiving work because they are Chinese. Last year, Huawei’s Australian subsidiary was barred because of security reasons from assisting with a national broadband network […]

China Is Planning A Manned Space Flight In June

China Is Planning A  Manned Space Flight In June

China has reported that it intends to complete a manned space flight sometime in the middle of June. According to reports provided to Xinhua, a state news agency, it will transport – three astronauts, which will include possibly one woman – to the Tiangong 1 space station module. This will be the fourth manned space […]