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Wednesday, February 11, 2015
China fines Qualcomm US$975 mil. in antitrust case
China fined chipmaker Qualcomm 6 billion yuan (US$975 million) in the biggest of a wave of anti-monopoly penalties that have rattled foreign companies.
China's inflation plunged to a more than five-year low of 0.8 percent in January, official data showed Tuesday, fueling fears the world's second-largest economy is on the brink of a deflationary spiral.
Tuesday, February 10, 2015
Hong Kong woman guilty in Indonesian maid 'torture' case
A Hong Kong woman was convicted Tuesday of beating and starving her Indonesian maid, keeping her prisoner in a "torture" case that sparked international outrage and spotlighted the plight of migrant domestic workers.
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A Chinese mining billionaire said to have links with disgraced former security tsar Zhou Yongkang and who once launched a bid for Australia's Sundance Resources was executed for multiple murder on Monday, a court said.
A trading platform of virtual currency Bitcoin in Hong Kong that took in an estimated HK$3 billion from thousands of investors has reportedly gone bust. Legislative Council member Leung Yiu-chung said about 30 clients of mycoin.hk, have told him that they have been unable to contact the people in charge of the company which has closed its doors since last December.
The son of a Chinese official beat a man to death in a dispute over compensation after his dogs bit the victim, state media reported Monday, in a case sparking outrage online.
Monday, February 9, 2015
China's monthly trade surplus rose 88 percent to reach a record 370 billion yuan (US$59 billion) in January, data showed Sunday, as imports dropped sharply on lower commodity prices and sluggish domestic demand.
Chinese actress Zhang Ziyi has accepted a marriage proposal from a romantic rock star who delivered a diamond ring to her by drone, media said Sunday.
China takes 10 percent of exports of global railway equipment in '14
China's railway equipment exports accounted for 10 percent of global market share in 2014, said Wang Xiaotao, vice minister of the National Development and Reform Commission, on Friday.
Magic Kingdom in China a mystery
The towers of Disney's planned Magic Kingdom in Shanghai are wreathed in scaffolding and mystery after the U.S. entertainment giant pushed back the opening of its first mainland China theme park to 2016.
  
  
  
  
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