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24 Dec 2017

Chinese firm to develop oil field near Iraqi capital

A ministry spokesman told AFP the target was to produce 40,000 barrels per day from the southern sector of the East Baghdad field within five years of implementation of the accord.

14 Jun 2016

Chinese firm lends money with nude photos as collateral

A Chinese money-lending platform followed a scandalous practice of demanding nude photos of women as collateral for loans, media reported here.

21 May 2016

Chinese firm 'Space Vision' plans to send people into space using a high-tech balloon

For the first time ever, a firm in China is planning to use a balloon for sending people into space.

Chinese Auto Firm

08 Apr 2016

China firm boosts self-driving technology with $1 billion overseas deals

A Chinese auto firm said Friday it is buying two foreign companies and their self-driving technologies for more than $1 billion, as the world`s second-largest economy seeks to boost its foothold in the autonomous car market.

07 Feb 2016

Chinese firm distributes free sex dolls as company bonus

Instead of handing out cash to staff, Lianlian, a technology firm, dished out X-rated toys at an office party to mark the Chinese New Year, sun.co.uk reported.

12 Aug 2015

Uninor awards Rs 1,200-cr network contract to Huawei

Uninor on Wednesday awarded a Rs 1,200 crore contract to Chinese firm Huawei for modernising and managing its network in the country.

12 Mar 2015

China's Xiaomi to set up 100 'experience' stores in India in 2015

Xiaomi, whose low-priced but feature-rich smartphones have made it the biggest smartphone vendor in China, entered India in July and sells its phones primarily through flash sales on online retailer Flipkart.com.

22 Dec 2014

Xiaomi to raise over $1 bn from investors including GIC

China`s Xiaomi is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.

13 Dec 2014

China's Tencent wins approval to start banking business

The launch of Tencent`s private bank marks a gradual opening of China`s closely guarded banking sector that is currently dominated by state giants.

Waldorf Astoria

06 Oct 2014

Hilton to sell NY's Waldorf Astoria to Chinese firm

Hilton Worldwide Holdings Inc said it would sell its flagship Waldorf Astoria New York hotel to a Chinese insurance company for $1.95 billion, one of the highest prices per room ever paid for a U.S. hotel.

13 Aug 2014

Alcatel One Touch selects BrightPoint as mobile distributor

The company said the pace of market expansion will increase with this tie-up as the products will be sold through multiple channels across India.

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