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Chinese economic cyber-espionage plummets in U.S.

SAN FRANCISCO (Reuters) - The Chinese government appears to be abiding by its September pledge to stop supporting the hacking of American trade secrets to help companies there compete, private U.S. security executives and government advisors said on Monday. FireEye Inc, the U.S. network security company best known for fighting...

China: Bank Manager Spanking His Employees for Poor Performance

A cellphone video showing a man publicly hitting eight employees (four men and four women) of a rural bank with a stick in China for poor performance is sparking outrage. The video was published on the state-run media organization People's Daily. The video, recorded by a member of the...

Shiseido Clé de Peau Beauté Brand muse, Amanda Seyfried, visits China

AW 2016 new product launch “Fearless Beauty” held in Shanghai. The SHISEIDO Group’s high-prestige brand Clé de Peau Beauté (CPB) hosted an autumn/winter 2016 global press conference with the theme of Fearless Beauty, held at Shanghai’s Fairmont Peace Hotel on Thursday, June 16, 2016. Amanda Seyfried, the brand’s muse...

4000 Hong Kong protesters voice against China on bookseller detentions

HONG KONG (Reuters) - Over 4,000 people marched in Hong Kong on Saturday to protest against China's detention of five booksellers whose shop published gossipy books about Chinese leaders, including President Xi Jinping. The demonstration followed a march by 100 activists to China's liaison office on Friday to protest...

Tencent weights deal on ‘Clash of Clans’ maker

Tencent Holdings is reportedly nearing a deal to buy a majority stake in Finnish games maker Supercell Oy. As Ryan Brooks reports, its the latest push by China's biggest social network and online entertainment company into the lucrative gaming industry.Tencent wants to buy the stake from Japanese telecom company...

China’s Disneyland opens with $5.5 billion investment

SHANGHAI (Reuters) - Walt Disney Co has opened the gates to its first theme park in China, prompting a rush from thousands of gathered Mickey Mouse enthusiasts to be the first to storm Treasure Cove, ride the Roaring Rapids or visit Disney's tallest castle. Disney's largest overseas investment at...

Disney banks on new Chinese theme park

Disney has been showing off its newest theme park in Shanghai one day before its grand opening.Its CEO hailed it as China's Disnaeyland rather just Disneyland in China. But as Kate King reports, the day was tarnished by a tragic alligator attack on a two-year-old boy at Walt...

China invests in garlic boom: some investors switch from stocks to garlic

JINXIANG, China (Reuters) - Yang Fei doubled his money last year buying and selling in the unofficial garlic capital of the world. He did pretty well the year before, too, and the year before that. One of a few dozen garlic agents in Jinxiang, in China's eastern Shandong province,...

Territorial Disputes in the South China Sea: China thanks countries for supporting

BEIJING (Reuters) - China expressed thanks on Tuesday for the dozens of countries it says have offered support for its position on a case brought by the Philippines over Chinese claims in the South China Sea, saying they are speaking out to uphold justice. China has stepped up its...

China investment slows to 15-year low, more stimulus seen despite debt fears

BEIJING (Reuters) - Growth in China's fixed-asset investment slipped below 10 percent for the first time since 2000 in January-May as a boost from record credit growth seemed to be quickly fading, putting expectations of further stimulus back on the table. Analysts say a sharp deceleration in private investment...