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June, 29, 2016

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China's ship-breaking industry swimming through troubled waters
In 2014, the ship recycling industry was grey; it turned black in 2015; but, this year, it will go blood red.
Where the future of smart wristbands is?
Liu Shiyuan already wears three smart wristbands, and based on what she found out at the recent CES Asia 2016 Shanghai, it's likely she'll soon have to add a few more.
Xiaomi marches into banking industry
Chinese smartphone maker Xiaomi Corp is stepping into the banking industry, marked by its wholly-owned Sichuan subsidiary's application to start a bank receiving approval from the China Banking Regulatory Commission (CBRC), the company said today.
China's fixed asset investment, an important gauge of infrastructure spending, slowed to its weakest pace in 16 years, government statistics showed Monday, a worrying trend despite other signs of economic stabilization in the Asian giant.
Alibaba founder buys two more French vineyards
Chinese billionaire Jack Ma has purchased two vineyards in the famed Bordeaux winegrowing region in France – the Chateau Guerry and the Chateau Perenne – for nearly 12 million euros ($13.56 million), the Agence France-Presse reports.
A small explosion at a check-in area of Shanghai's main international airport injured four people Sunday but did not cause any disruption to flights, officials said.
Angela Merkel meets with Chinese premier amid trade concerns
German Chancellor Angela Merkel met China's Premier Li Keqiang in Beijing on Monday amid concerns over trade and the ability of German firms and foreign non-governmental organizations to operate in China.
China, S. Asian markets equally important: TAITRA
Despite the "new southbound" policy outlined by President Tsai Ing-wen to put greater emphasis on trade with Southeast Asian countries, China remains a critical trade partner.
Lenovo Group Ltd unveiled an augmented-reality-enabled smartphone, as the Chinese tech giant struggles to revive faltering smartphone business and declining personal computer sales.
Producer deflation narrowed more than expected in May while the rise of consumer price inflation was below market expectations, reinforcing the case for continuation of accommodated economic policies to prop up growth, analysts said on Thursday.
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