Chinese firms pour money into U.S. R&D in shift to innovation
Surging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world's factory floor to a driver of innovation.
U.S. tech firm Cisco to invest $10 billion in China expansion
Cisco (CSCO.O) plans to invest more than $10 billion in China along with local business partners over the next several years, the U.S. network equipment maker said on Wednesday, as it seeks to shore up its position against strong domestic rivals.
China to extend economic diplomacy to EU infrastructure fund
China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of chequebook diplomacy to win greater influence.
Slide in China's May imports signal need for more stimulus
A bigger-than-expected slide in China's imports in May strengthened expectations more policy stimulus may be needed to avert a sharp slowdown in the world's second-largest economy.
Hong Kong 'Umbrella' protests add poignancy to Tiananmen vigil
Tens of thousands attended a candlelight vigil in Hong Kong on Thursday to mark China's 1989 crackdown on pro-democracy demonstrators in Beijing, an anniversary given added poignancy by protests that gripped the Chinese-run city last year
Data shows Indian growth outstrips China's but economists doubtful
India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter fuelled doubts about the accuracy of a new method used to measure economic activity.
South Korea seeks deeper cooperation with Japan on China-led AIIB
South Korea called on Saturday for deeper cooperation with Japan on a China-led development bank, while Japan remained cautious about the lender, which it and ally the United States have held back from joining.
China, India sign more than $22 billion in deals: Indian embassy
China and India signed 26 business deals worth more than $22 billion in areas including renewable energy, ports, financing and industrial parks, an Indian embassy official said on Saturday.
|