China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent further deterioration, analysts said.
Monthly Archives For November 2023
China plans pilot projects to boost use of biodiesel
China will launch a series of a pilot projects to spur domestic production and consumption of biodiesel, the National Energy Administration (NEA) has said, beefing up environmental efforts in an area where the country lags…
A New Front Is Opening Up in the US-China Conflict Over Chips
President Joe Biden has adopted a two-pronged approach to constrain China’s high-tech progress, curbing Beijing’s access to leading-edge chips while bolstering semiconductor production in the US.He’s …
China’s iron and steel industry needs innovation
China’s iron and steel industry needs to step up efforts on innovation and other practices to reduce cost and increase efficiency, to cope with challenges and realize high-quality growth, according to …
Geely unit IPO will test geopolitical speed limit
Chinese electric-vehicle maker Zeekr is charging up for a U.S. initial public offering that will test geopolitical speed limits. The company, owned by Geely Automobile , is growing sales at home. But …
China, US meeting halfway sends positive signal for global economic recovery
Bilateral economic and trade cooperation, long seen as the stabilizing force and driving factor in China-U.S. relations, is among the first to experience a thaw, as a series of dialogues and exchanges …
Buoyant Team China braced for Shenzhen test
Team China hopes to make home advantage count at Shenzhen Universiade Sports Centre Stadium, with a sold-out crowd of over 40,000 expected to raise the decibel levels for a tough mission against a …
China’s carbon emissions set to peak before 2030 – expert poll
China is on track to meet a goal to bring its climate-warming carbon dioxide emissions to a peak before 2030, according to a poll of 89 experts from industry and academia published on Tuesday, though…
McDonald’s increases its minority stake in China business with Carlyle deal
In 2017, the fast-food giant sold control of its restaurants in mainland China, Hong Kong and Macao to Carlyle and Citic.
McDonald’s Buys Back Minority Stake in China Business
Carlyle acquired its stake in McDonald’s (ticker: MCD) in 2017, when the company sold its operations in mainland China and Hong Kong to a locally led consortium for $2.1 billion. CITIC Capital, an …
Traveling to Prove China Is Not Our Enemy
CODEPINK is a feminist grassroots organization working to end U.S. wars and militarism, support peace and human rights initiatives, and redirect our tax dollars into healthcare, education, green jobs …
McDonald’s is acquiring a bigger stake in its China business
McDonald’s is taking a bigger chunk of China. The burger giant on Monday said it has agreed to acquire the stake in its China operator currently owned by Carlyle. Terms of the deal were not…
McDonald’s increases stake in the partnership that runs the business in China
McDonald’s Corporation (NYSE:MCD) announced on Monday that it has agreed to acquire Carlyle Group’s (CG) minority ownership stake in the strategic partnership that operates and manages the restaurant …
