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Two men with crossbows killed over 100 dogs in Jiangsu

From March, two men from Jiangsu have organized expeditions in the area between Changzhou and Danyang to steal and eventually kill dogs. The two, armed with crossbows and narcotized arrows, wearing a helmet, have confessed to have eliminated more than 100 dogs in two months. On April 25, in...

Apple invests $1 billion in Chinese ride-hailing service Didi Chuxing

(Reuters) - Apple Inc <AAPL.O> said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. The investment comes as Apple is trying to reinvigorate sales in...

Wanda Cinema to take over Legendary Pictures for $5.7 billion

SINGAPORE (Reuters) - Chinese tycoon Wang Jianlin's Wanda Cinema Line Corp <002739.SZ>, the country's biggest cinemas operator, said on Thursday it plans to acquire movie-making affiliate Wanda Media for 37.2 billion yuan (4 billion pounds) in cash and shares. Wanda Cinema, whose parent Dalian Wanda Group acquired U.S....

EU lawmakers reject easing trade defences against China

BRUSSELS (Reuters) - EU lawmakers overwhelmingly rejected on Thursday any loosening of the bloc's trade defences against China without reforms of its economy, including a reduction on state influence over business. The European Union is debating whether to grant China "market economy status" (MES) from December, which Beijing says is...

Chinese Internet Crime Arrests on the Rise

For China watchers it was an uptick that everyone was certain was bound to come. The internet has proven to be a widespread home turf for all types of crime and China is not immune.But many are asking if the current wave of arrests for internet crimes in China...

Faltering Chinese Jewelry Manufacturers Hits Gold Market

With one of the largest economies in the world, it shouldn't come as any surprise to anyone who follows the gold market that China is a huge influence on this crucial metals market. Recent problems with manufacturers in the country has left many in the trade of jewelry supplies...