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January, 18, 2017

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Business > Asia > China
China 'concerned' over Hon Hai's planned expansion into US: report
Hon Hai Precision Industry Co. Chairman Terry Gou has reportedly made efforts to reassure China after indicating last year that the company may include the US as a manufacturing location.
 
China exports dip in December on Trump fears
Chinese exports fell more than expected in December, data showed Friday, deepening concerns about the trade outlook for the world's number-two economy as Donald Trump prepares to take office.
 
China tops US in cinemas, but many sit empty
The brightly decorated 3-D cinema in this town outside Beijing is showing the latest Chinese and Hollywood films, to row after row of empty red seats. So few people come to watch films here that the theater manager rents out the halls to traveling sales companies or music teachers.
 
China's overseas investment in renewable energy projects jumped last year by 60 percent to a record US$32 billion, marking its leadership in the global market for clean energy, a report said Friday.
 
Some factories violated anti-smog laws: Beijing
China's environmental ministry said Tuesday that an unspecified number of companies had violated measures meant to reduce smog during a period of particularly noxious pollution in the country.
 
China's once searing box-office growth crashed in 2016, official data showed, as a weak crop of films and a cutback in subsidies caused a drastic slowdown in the world's second-largest film market.
 
Attention, shoppers
A musician entertains shoppers as a Chinese model wearing NE TIGER creations poses on stage set behind the fashion boutique window panel decorated with Rooster stickers for the upcoming Chinese Lunar New Year at an upscale shopping mall in Beijing, Monday, Jan. 2.
 
Disney has won a copyright dispute over a Chinese knockoff of its animated movie Cars, a China court said Friday, a rare victory for a foreign firm in a country famous for counterfeits.
 
Chinese leaders pledge stable currency
China's leaders pledged Friday to keep its currency stable and trim bloated heavy industry as they wrapped up an annual planning meeting amid pressure from U.S. President-elect Donald Trump and European leaders over trade.
 
China auto sales rise 17.2 percent in Nov.
China's explosive demand for SUVs helped boost auto sales 17.2 percent in November over a year ago, an industry group said Monday, as automakers prepared for the end of a key tax break and a potential slump in demand.
 
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