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June, 26, 2016

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China
Chinese software and service outsourcing enterprises are turning to cloud computing as part of their strategies to face emerging challenges from intensified global competition and rising domestic salaries.
 
A powerful tornado killed 51 people and destroyed large numbers of buildings Thursday in the eastern Chinese province of Jiangsu, state media reported.
 
A veteran pro-democracy lawmaker was charged Thursday by Hong Kong's corruption bureau over a payment from one of the city's best-known anti-China media tycoons, in a case he described as a political move.
 
A total of 19 people connected to a troubled Chinese metals exchange have been arrested, authorities said, after repeated protests by disgruntled investors and as the number of cases of financial fraud rise.
 
Asia medical tours pack in peace, fun for families seeking treatments
Asian countries, particularly Japan and Thailand, have become popular destinations for medical tourism for their cost-effectiveness and well-matched tourism as well as medical resources, said market experts.
 
For Liu Shoutian, chairman of Beiyang Financial Leasing (Tianjin) Co Ltd, investing in the United States now looks so much easier than it did before.
 
The People's Bank of China is considering allowing foreign companies to trade on domestic stock exchanges via depository receipts, China Business News reported on Wednesday citing the bank's annual report 2015.
 
JD.com Inc's partnership with Wal-Mart Stores Inc will arm it with more ammunition to take on Alibaba Group Holding Ltd, giving the Beijing-based company wider access to online groceries and more resources to expand in eastern China, experts said.
 
China is using its fishing fleets with armed escorts to bolster maritime claims in disputed territory, a senior US State Department official warned Wednesday, calling China's behaviour "disturbing".
 
China city holds dog-meat festival despite protests
A city in southern China went ahead with an annual dog-meat eating festival Tuesday despite heavy criticism and protests from animal rights activists.
 
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