McDonald’s announced Monday that it’s bolstering its investment in China, the brand’s second-largest market behind the U.S. The burger giant agreed to acquire the minority ownership stake of global …
Monthly Archives For November 2023
Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers
As EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that …
Taiwan’s Presidential Frontrunner Faces a Balancing Act With China
Today, Lai, 64, is the frontrunner in January elections to replace outgoing President Tsai Ing-wen, who belongs to the same Democratic Progressive Party (DPP) but is ineligible to stand for a third …
Farewell China rainmakers! Beijing’s new financial order leaves little room for super middlemen
While China’s rainmakers have been essential to the country’s great market opening, corruption concerns and a changing geopolitical balance have seen them pushed to the sidelines.
Hong Kong’s GEM board needs more radical reform as proposed changes fail to address IPO drought, industry players say
High fundraising costs, a lengthy vetting process and uncertainties about approvals have turned smaller firms away from Hong Kong’s moribund secondary board Bankers and brokers call for more radical …
‘Respect the facts’: Beijing rejects Australian claims China sonar injured navy divers
Beijing overnight rebuffed Canberra’s version of the maritime altercation between two warships off Japan’s coast last Tuesday. China’s foreign ministry spokesperson Mao Ning said overnight: “We hope relevant parties will stop making trouble in …
China Faces Nightmare Candidates in Taiwan Election
Taiwan’s ruling Democratic Progressive Party (DPP) unveiled on Monday its presidential ticket for the upcoming January election, with current Vice President Lai Ching-te accompanied by running mate Hsiao Bi-khim.
Maria Bartiromo Floats Bonkers New COVID Conspiracy About Trump and China
While “just asking questions,” the once-respected anchor suggested China unleashed COVID-19 on the world just to destroy Trump.
Canada-China detention feud reopened after claims of ‘unwitting’ espionage
Freed detainee Michael Spavor says he unknowingly passed intelligence to Michael Kovrig, who then told Canadian officials
Australia’s leader criticizes China over its warship’s use of sonar that injured a naval diver
Australia’s prime minister has criticized China for what he calls a “dangerous” encounter between Chinese and Australian warships but declined to say whether he raised the issue with President Xi Jinp
What $6.9B China-Saudi currency swap means for Beijing’s efforts to globalize yuan
China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper …
Why Japanese brands like Yamaha, Shiseido and Muji see both opportunities and risks in China
Japanese foreign direct investment into China has been shrinking, as has the number of Japanese citizens living there. Read more at straitstimes.com.
Australia news live: China denies ‘irresponsible accusations’ over naval encounter, GP distribution to be reviewed
Shadow foreign minister Simon Birmingham is speaking with ABC RN and is asked about sonar pulses from a Chinese warship that left one Australian naval diver injured. Related: Australian naval divers injured after being subjected…
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