News

Alipay Launches ‘Smile to Pay’ for Commercial Use in China

Alipay Launches ‘Smile to Pay’ for Commercial Use in China

Alipay has launched its new facial-recognition payments technology for commercial use, Ant Financial Services Group said Friday.

Sep 6, 2017
Yicai Global
China’s Three Major Telecoms Carriers Will Officially Cancel Domestic Long-Distance Roaming Charges

China’s Three Major Telecoms Carriers Will Officially Cancel Domestic Long-Distance Roaming Charges

Once the change takes place, mobile phone calls within the country will cost the same, regardless of distance.

Aug 31, 2017
Yicai Global
Australia Welcomes Chinese Investment

Australia Welcomes Chinese Investment

The Chinese government has reported that direct investment into Australia from China soared by 56 per cent in 2016 over 2015, to $4.8 billion.

Aug 30, 2017
Yicai Global
US Army Bans China Made DJI Drones

US Army Bans China Made DJI Drones

Reports in the America suggest that the Pentagon has banned the US Army from using drones made by Chinese company DJI, due to possible cyber vulnerabilities.

Aug 21, 2017
William Clegg
Brazilian Neymar’s Astonishing Transfer Fee Complicates Matters for China’s Football Governing Body

Brazilian Neymar’s Astonishing Transfer Fee Complicates Matters for China’s Football Governing Body

Brazilian striker Neymar’s record-smashing transfer to Paris Saint Germain from Barcelona for nearly USD265 million has turned all eyes into…

Aug 17, 2017
Mevlut Katik
Breeding Base Workers Under Fire for Pushing Pandas

Breeding Base Workers Under Fire for Pushing Pandas

Workers at the Chengdu Research Base of Giant Panda Breeding in the capital of Sichuan province came under fire after…

Aug 11, 2017
Kevin McBride
Tencent Founder Sounds Death Knell to Jia Yueting’s Imploding Imperium

Tencent Founder Sounds Death Knell to Jia Yueting’s Imploding Imperium

When Zeng Liqing co-founder of Tencent Group Holdings Ltd. [HK: 0700] said July 16 that LeEco was “evidently a Ponzi…

Aug 4, 2017
China’s Commerce Ministry Submits Revised Foreign Investment Law for Approval

China’s Commerce Ministry Submits Revised Foreign Investment Law for Approval

The Chinese commerce ministry has revised its draft of the new Foreign Investment Law and submitted it to the State Council, China’s cabinet, a ministry spokesman said yesterday.

Jul 28, 2017
James Boynton
High-Level US-China Trade Talks Concluded In Washington

High-Level US-China Trade Talks Concluded In Washington

High-level US-China trade talks concluded in Washington  without a binding deal or any plans for their resumption, leaving US President…

Jul 27, 2017
Yicai Global
Trump's 'Made in America' Week Highlights Products Made In The U.S.

Trump's 'Made in America' Week Highlights Products Made In The U.S.

Donald Trump has declared this week"Made in America" week. According to the White House, it's an opportunity for the president to showcase "products that are made in America".

Jul 20, 2017
Yicai Global
Europol Report Saying 86% of Fake Goods Come From China

Europol Report Saying 86% of Fake Goods Come From China

Insiders questioned a Europol report that said that mainland China and Hong Kong are the world’s centers for fake goods,…

Jul 18, 2017
Kevin McBride
BRICS Development Bank to Seek Dollar Bond Funding This Year

BRICS Development Bank to Seek Dollar Bond Funding This Year

The New Development Bank set up by the BRICS group of emerging economies is looking raise money by issuing dollar-denominated bonds later this year

Jul 10, 2017
Yicai Global