Bakambu set for African record £65m deal

Villarreal's Cedric Bakambu is set to become the most expensive African footballer ever as Chinese club Beijing Guoan close on a £65m deal.


Terrifying moment Chinese workers TEST a 600ft-high glass walkway by stomping on it and battering it with sledgehammers

FEARLESS workers have posted a spine-chilling video of them testing the strength of a 600ft-high glass walkway – by smashing it with sledgehammer and pickaxes. The brave Chinese builders are seen repeatedly pounding away at the new footbridge as th

Top News

North Korea smugglers' shopping list included shampoo, ketchup and whisky

Police in Japan have arrested and charged two Chinese men who smuggled banned goods into North Korea.


Johnson & Johnson trying to sell its diabetes care business to Chinese buyers for up to $4 billion

Chinese bidders are circling a diabetes care business owned by the world’s largest healthcare company, Johnson & Johnson.


French saxophone maker Selmer sells stake to face up to Chinese pressure

MANTES-LA-VILLE, France (Reuters) - Its saxophones are played by the most famous jazzmen around the world and have even been sent into space, but growing competition from China pushed the French family company Henri Selmer Paris to sell a majority stake t


Burberry UK sales slump as Chinese shopping spree ends

Stabilising pound deters bargain hunters, knocking sales at established stores down 8% Burberry has reported a slump in sales as a luxury tourism shopping spree in the UK comes to an end.The British brand known for its trenchcoats said sales at establishe

United States

J&J attracts Chinese interest for its diabetes business in a potential $3B to $4B deal

Chinese bidders are circling Johnson & Johnson's diabetes care business in a deal that could fetch up to $4 billion.


Saudi and Chinese businesses join forces on Egyptian solar projects

ACWA Power awards EPC contract to China's Chint Group for three solar projects Egypt.

Top News

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.


Inside the world of Chinese bitcoin mining

China is one of the main exchange markets and hosts some of the biggest bitcoin "mining pools" in the world.


Exclusive: GM, DHL use a Chinese plant to lead manufacturing change

LIUZHOU, China,  (Reuters) - Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company.

Life & Style

Inside Shuang Ba: Nassau's New Luxe Chinese Eatery at Grand Hyatt Baha Mar

The Grand Hyatt Baha Mar in Nassau, Bahamas recently opened upscale Chinese restaurant Shuang Ba.


Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].


Chinese New Year 2018: Dogs, luck and why you should avoid medicine, laundry and crying children

Each Chinese New Year is characterised by one of 12 animals which appear in the Chinese zodiac - and the next one is the Year of the Dog.


Chinese fintech Lufax set to IPO in April

The IPO is rumored to give Lufax a potential valuation of $60 billion


Ericsson, Humbled by Huawei, Takes Another $1.8 Billion in Charges

Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers.


Seven-year-old delivery boy causes outrage in China

Photos of a child working as a delivery boy has sparked a debate over poverty on Chinese social media.

United States

Four things we learnt from this year's Detroit car show

This year's Detroit car show sees new US investments, a Chinese challenger, nostalgia and fashionable headlights.


Chinese Auto Maker Dumping 'Trumpchi' Name For U.S. Push

Guangzhou Automobile Group is planning to be the first Chinese auto maker to enter the U.S. market, but first it needs to ditch its “Trumpchi” brand name.


Prodded by China, Qantas amends website references to Taiwan, other regions

Qantas Airways amended its website, referring to Taiwan and Hong Kong as Chinese territories, after China's warning.


Chinese businesses are leading, not copying, says PricewaterhouseCoopers

Chinese companies have moved beyond copying others' technologies, according to PricewaterhouseCoopers.

United States

Jared Kushner reportedly warned by US about ties to Rupert's ex Wendi Deng Murdoch

The U.S. cautioned Jared Kushner that a close friend, Wendi Deng Murdoch, could be using her ties to Kushner and wife Ivanka to aid the Chinese government.

Top News

Chinese torpedo submarine detected just off Japanese waters as tensions rise

Japan claims that a Chinese vessel spotted last week near the contested Senkaku/Diaoyu Islands was a nuclear-powered attack submarine.


Western Automakers Cannot Afford To Ignore The Threat Of Chinese Rivals And The New "Made In China"

Made in China may soon mean more than personal computers and telephones. China is gaining momentum in its quest to become a global manufacturer of cars, power-generating equipment, robotics, and aircraft. It's time for Western companies to take notice and

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