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February, 27, 2017

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China
LeEco talks 'to give up' soccer rights
Chinese internet major LeEco is reportedly in talks to give up the exclusive online broadcasting rights to the country's top soccer competition, as the cash-starved company continues work on recovering its financial position.
 
Yuan continues strong showing against dollar
The yuan continued its strength against the dollar on Thursday, following fresh remarks of a senior official with the central bank that the currency would not see substantial fluctuation.
 
Ex-HK leader guilty of misconduct
Former Hong Kong leader Donald Tsang was Friday found guilty of misconduct during his time at the helm of the city in a high-profile corruption trial, but escaped conviction for bribery.
 
Skymoons sets out on journey to the West
Chinese mobile games developer Skymoons is set to launch its journey to the West from a new studio in Edinburgh in the United Kingdom.
 
Tianjin port applies brakes to coal truck transport
Tianjin port, one of the country's busiest, will apply the brakes to coal transportation by trucks from the second half of this year, to alleviate pollution caused by diesel-powered trucks and coal consumption, its mayor said.
 
The value of capital projects and M&A deals in seven core infrastructure sectors across the 66 economies in the Belt and Road Initiative reached nearly $494 billion in 2016 and China contributed one-third of the total value in the period, according to PricewaterhouseCoopers.
 
Foreign trade rises 19.6% in January
China's exports to markets along the Belt and Road Initiative, including Russia, Malaysia and India, surged in January, indicating that their ongoing industrialization and infrastructure development continued to stimulate economic exchanges with China, experts said on Wednesday.
 
Red aiming to befriend women with sharing app
A crowded Macy's mall in downtown New York is where Qu Fang first met her business partner Mao Wenchao 11 years ago.
 
China ban a 'game changer' for opioid fight
China is adding the deadly elephant tranquilizer carfentanil and three related synthetic opioids to its list of controlled substances effective March 1, China's National Narcotics Control Commission said Thursday.
 
Nation's investments creating thousands of new British jobs
The fast expansion of Chinese companies in the United Kingdom is creating local jobs at a time when Brexit uncertainties have caused unemployment fears.
 
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