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China's Huge Drone Industry Could Be In Trouble

Consumer drone usage is becoming increasingly more popular giving rise to China's drone market. Chinese drone companies DJI and Ehang are experiencing sucess in international markets, however new...

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REPORT: China Bans Uber

China is banning private cars from offering cab services via apps, according to Bloomberg.This would mean services like Uber would be banned from the country.In a statement to the Financial Times...

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The Economist Who Coined The Term 'BRIC' Thinks Brazil And Russia Could Get...

Bloomberg interviewed former Goldman Sachs chief economist Jim O'Neill, who initially coined the term "BRIC" back in 2001, and he said the group could soon break up.O'Neill said he would no longer...

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The Number That Makes China Look Like Europe Is Out

Slowing consumer demand has been hurting Chinese companies already suffering from thinning margins, and it looks as if the pain isn't ending anytime soon.Thursday night at 8:30 p.m. EST, China released...

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Uber Is Letting Chinese Customers Ride In Maseratis For $2

Uber has a communist plan for China, sort of. The company just started giving customers the chance to ride in the poshest cars available, the Financial Times reports. And at "bargain" prices.Dubbed the...

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China Has Venezuela On Its Knees

Venezuelan President Nicolas Maduro met with China’s leader Xi Jinping last week in Beijing to beg for more money. And yesterday China acquiesced rather than risk losing money and ending up in the...

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Say Goodbye To 'Booth Babes' In China

SHANGHAI (Reuters) - Female models in tight dresses and miniskirts may be banned from one of Asia's premier car exhibitions in Shanghai this year.The Chinese government is concerned about what it sees...

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JIM O'NEILL: Here Are 3 Reasons To Be Bullish On China In 2015

Halfway through a decade in which China set out to rebalance its economy, it is poised to drastically enlarge its role in the world. Let me explain why.Back at the start of the decade, I made certain...

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We May Have Just Witnessed Our First Truly Crippling Chinese Real-Estate Default

The Chinese real-estate developer Kaisa Group Holdings had a healthy balance sheet, according to investors and observers alike. It was the top-rated residential-property-sales firm in Shenzen, its...

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An Assertive China Opens The Door To Closer US-Vietnam Naval Ties

The year 2014 marked an eventful time in US-Vietnam bilateral defense relations.In addition to high-level visits to Vietnam by senior US military and congressional leaders, the administration of...

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Meet The 'Chinese Elon Musk' — A Billionaire Who's About To Launch His Own...

You probably don't know the name Jia Yueting. But you will soon. With his upcoming electric car, Jia is set to become the Chinese Elon Musk.Like Musk, he doesn't have an automotive background — he's...

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China's Secretive Space Program Takes A Step Into The Open

After decades hiding deep in China's interior, the country's space-launch programme is preparing to go a bit more public. By the tourist town of Wenchang on the coast of the tropical island of Hainan,...

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A Man Fell Down A Massive Hole In China And Turned The Experience Into An...

A man from New Zealand fell down a 9 metre hole in China, broke his back, and has just turned the horrific accident into a new slapstick mobile game.Mark Major, 28, explains on his website that his...

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Christianity Is Exploding In China And The Communist Party Isn't Happy

HANGZHOU, CHINA — There’s nothing secret about Chongyi Church, one of the largest in China. Its lighted steeple and giant cross penetrate the night sky of Hangzhou, the capital of coastal Zhejiang...

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Xiaomi Is Going To Launch Its Hot New Smartphone On Thursday

Xiaomi will launch a new smartphone at an event on Jan. 15, 9to5google reports.China's largest smartphone maker is teasing the event on its Facebook page. An event invitation reads:"Come join Mi for...

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China Hits Back At Japan's New Defense Minister

China criticized Japan's newly appointed defense minister for the first time on Monday, saying it was "firmly opposed" to his comments that Beijing has repeatedly engaged in "dangerous actions" in the...

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China Is Using Charlie Hebdo To Argue Against Press Freedom

In the wake of the deadly attack at the offices of a French satirical magazine Charlie Hebdo, an editorial by China’s state-run Xinhua News Agency pointed to the terrorist attack as an example of why...

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O'Neill: 3 Reasons To Be Optimistic About China's Growth

Halfway through a decade in which China set out to rebalance its economy, it is poised to drastically enlarge its role in the world. Let me explain why.Back at the start of the decade, I made certain...

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Police Claim To Have Killed Six People Who Were Trying To Set Off A Bomb In...

BEIJING (Reuters) — A group of "mobsters" on Monday tried to set off an explosive device in a business district in China's troubled western region of Xinjiang, prompting police to shoot six of them...

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BMW Is Going To Have A China Problem In 2015

DETROIT/FRANKFURT (Reuters) - German luxury auto maker BMW Group said on Monday it saw vehicle sales growth slowing this year following a cooling in demand for premium cars in China in late 2014.Asked...

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