About Yum China Holdings, Inc. Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China’s leading quick-service restaurant …
Monthly Archives For February 2022
Lepu Biopharma pockets $115m from IPO
China’s Lepu Biopharma has raised HK$904m ($115.9m) from pricing its IPO at the middle of the marketed range, according to a source familiar with matter. Lepu is floating 126.9m primary H-shares, …
China’s Winter Olympics Near Zero Covid Cases in Victory for Xi
The Beijing Winter Olympics are approaching zero positive cases of Covid-19 daily, a victory for Chinese President Xi Jinping’s strategy of preventing the virus from disrupting the event. Cases found …
After blow of Beijing, Olympians ask: What about Africa?
BEIJING (AP) — Victory, of sorts, for Eritrea’s sole Winter Olympian — one of just six athletes competing for African countries at the Games in China — was achieved even before his feat of surviving…
U.S. Men’s Hockey Team Eliminated by Slovakia in Quarterfinal of Beijing Olympics
(BEIJING) — The United States is out of the men’s hockey tournament at the Olympics in stunning fashion after blowing a late lead. Marek Hrivik scored with 43.7 seconds left in regulation …
China Censors Letter Urging Beijing Inquiry Into Chained Woman
China has censored a letter signed by 100 alumni of a top university calling for a central government probe into the case of a mother of eight who was kept chained by the neck in…
Indian tax authorities search premises of China’s Huawei – local media
BENGALURU, Feb 16 (Reuters) – India’s Income Tax Department has conducted searches at multiple premises of Chinese telecoms equipment maker Huawei Technologies (HWT.UL), as part of a tax evasion …
China’s inflation picture is ‘far more favorable’ than that of the U.S., says investment firm
Fred Hu of Primavera Capital Group discusses China’s slower inflation growth and the state of regulation in the technology sector. Got a confidential news tip? We want to hear from you. Sign up for …
India can add $20 bln to GDP if import dependence on China is halved: Report
In terms of imports, India continued to reduce its trade deficit with China in FY21. However, share of China in India’s total merchandise imports has been steadily increasing to 16.5 per cent …
Schindler expects China business to contract in 2022 on construction delays
Swiss elevator and escalator manufacturer Schindler said it expects its China business to contract in 2022 due to construction delays, material cost inflation and supply chain disruptions, after …
Kirin to exit China soft drink business to further overseas reforms
Kirin Holdings Co. said Wednesday it will sell all shares in a soft drink joint venture in China to a local investment fund for around 115 billion yen ($994 million), in another move to overhaul…
Latest business models, technologies inject new life into village economies
[Photo provided to China Daily] Maximizing villages’ resources through up-to-date business models and technologies is the best way to ensure long-term common prosperity, as envisioned by the central …
Olympics-Schultz takes care of ‘family business’ with Team China
“It’s starting to feel a bit like a family business,” Schultz said after the China team were eliminated by Canada. “It’s amazing that me and my sister can kind of put on the Chinese jersey…
