MANILA, April 12 (Xinhua) — Foreign direct investment (FDI) net inflows into the Philippines grew 41.5 percent to reach 961 million U.S. dollars in January from 679 million U.S. dollars a year …
Philippines Asks U.S. for Vaccine Help as China Tensions Grow
The Philippines will restart military drills with the U.S. on Monday as the Southeast Asian nation seeks to speed up vaccine deliveries from its longtime defense ally. Amid growing tensions in the …
Ant Group Announces Overhaul as China Tightens Its Grip
By Raymond Zhong Ant Group, the online finance affiliate of the Chinese e-commerce giant Alibaba, announced a sweeping overhaul of its business on Monday in response to demands from China’s government …
Stop! Camel time! China creates world’s first traffic signal for the humped beasts
The signal came into operation on Sunday in an area popular with tourists near Dunhuang City, Gansu province, Chinese state media outlet ECNS reported Monday. Camel-riding tours are a big attraction …
China’s Ant Group to restructure under central bank agreement
BEIJING (Reuters) – Ant Group, the fintech affiliate of Alibaba Group Holding Ltd, will restructure as a financial holding company, China’s central bank said on Monday, Ant has formed a “comprehensive …
Smartphone shipments in China in March increase 67.7%: CAICT
SHANGHAI (Reuters) – Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and Communications (CAICT) reported on …
US and China deploy aircraft carriers in South China Sea as tensions simmer
Military activity in the South China Sea spiked over the weekend as a Chinese aircraft carrier entered the region and a US Navy expeditionary strike group wrapped up exercises.
Kazakhstan Has Potential to Become Important Transport Route Along New Silk Road
Kazakhstan joined the Belt and Road Initiative proposed by China. Despite the coronavirus pandemic, which disrupted the usual ties between manufacturers and consumers and seriously affected the …
Tencent’s plans for Indonesia herald wave of Asia data centers
Chinese internet conglomerate Tencent Holdings is raising the stakes in the race against global companies for the burgeoning cloud services market in Asia, with a plan to open two data centers in …
Tencent’s plans for Indonesia herald wave of Asia data centers
Chinese internet conglomerate Tencent Holdings is raising the stakes in the race against global companies for the burgeoning cloud services market in Asia, with a plan to open two data centers in …