Chinese Firms

Chinese Firms News

Five major Chinese firms to delist from New York Stock Exchange amid US-China tensions over Taiwan
Business

Five major Chinese firms to delist from New York Stock Exchange amid US-China tensions over Taiwan

Sinopec and PetroChina -- two of the world's biggest energy firms -- are among the companies that will apply for "voluntary delisting" of their American depositary shares

US announces sanctions on Chinese, Russian firms supporting Iran's nuclear deal
World

US announces sanctions on Chinese, Russian firms supporting Iran's nuclear deal

US secretary of state Mike Pompeo said that the the four firms, accused of transferring sensitive technology and items to Iran's missile programme, will be subject to restrictions on US government aid for two years

China passes new export law to protect vital tech from US over ‘national security’ concerns
World

China passes new export law to protect vital tech from US over ‘national security’ concerns

The economic relationship between Beijing and Washington has been roiled by Donald Trump's unprecedented campaign of tariffs, threats of bans and sanctions on Chinese tech firms

Zomato employees in Kolkata burn company T-shirts to protest against Chinese investment in firm
India

Zomato employees in Kolkata burn company T-shirts to protest against Chinese investment in firm

During the protest at Behala in the southwestern part of the city on Saturday, some agitators claimed they have quit their jobs as Zomato has a sizeable Chinese investment and urged people to stop ordering food via the company.

India stands to lose more if it tightens security checks on Chinese firms: China's media
World

India stands to lose more if it tightens security checks on Chinese firms: China's media

Amid reports that India is mulling tightening of security checks on Chinese firms, China's official media on Wednesday said such move will hurt India more.

Happy that more Chinese firms are looking to invest in India: PM
Business

Happy that more Chinese firms are looking to invest in India: PM

In a written interview with Chinese media based in Delhi, Singh said India faces an unsustainable imbalance in its trade with China and one of the ways of overcoming the trade deficit is for India to attract larger flows of foreign direct investment (FDI) from China.