A Chinese woman uses her phone outside a McDonald’s in downtown Beijing, on Wednesday, July 21, 2021. McDonald’s CEO Steve Easterbrook says China, its second-largest market, remains important for …
Monthly Archives For July 2021
Apple Store Advertises Products in Beijing, China
One of Apple’s newest, massive stores is adorned with a large screen advertising its products in Beijing, on Wednesday, July 21, 2021. Apple has invested heavily in China, the world’s largest …
Rescue efforts launched after record floods in central China displace 1.2 million
The disaster was severe enough for Chinese leader Xi Jinping to order authorities to give top priority to people’s safety and property.
China Unicom, Huawei launch OTN P2MP private line for optical smart buildings
The Guangdong branch of China Unicom (Guangdong Unicom) and Huawei have launched an OTN point-to-multipoint (P2MP) private line in the Shenzhen-Dongguan Metropolitan Region, delivering an all-optical …
Central banks will accelerate rise of China’s yuan – OMFIF report
The Chinese yuan is on course to become a much more influential part of the global financial system with almost a third of central banks planning to add the currency to their reserve assets, a…
Volvo Cars to buy parent Geely Holding’s stake in China JVs
Sweden’s Volvo Car Group said on Wednesday it had struck a deal to buy out parent company Geely Holding from their joint ventures in China, aiming to take full ownership of its factories and sales…
No. 2 US diplomat Sherman to visit China as tensions soar
Deputy Secretary of State Wendy Sherman will travel to China this weekend on a visit that comes as tensions between Washington and Beijing soar on multiple fronts, senior U.S. officials said Wednesday …
China Flooding Leaves Train Passengers Trapped for Nearly 50 hours
More than 700 passengers, stranded at a station in central China since Monday, were sent emergency supplies on Wednesday.
Eyeing IPO, Volvo Cars to take full control of its Chinese business
Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding from their joint ventures in China, in a move that could make a potential initial public offering (IPO) for the Swedish…
Exhibition in Shenzhen hails openness, diversity
The Prosperous Times, an exhibition now running in Shenzhen, Guangdong province through July 27, shows how modern painters preserve the spirituality of classical Chinese ink art while also reflecting …
Beijing ties climate cooperation to ‘health’ of US relations
Beijing said Wednesday that climate cooperation with Washington will depend on the overall strength of Sino-US relations, after America’s climate tsar John Kerry urged China to curb emissions quickly.
More than 60 foreign-funded financial institutions settle in Beijing
More than 60 foreign-funded financial institutions have settled in Beijing, Huo Xuewen, head of the Beijing Municipal Bureau of Financial Work, recently revealed. Huo said that Beijing, as one of …
China Flooding Update As Photos, Videos Show Catastrophic Damage
The central Chinese city of Zhengzhou, where a dozen people have been confirmed dead, is bracing for more heavy rain.
