US coffee chain exploring partnership with outside investor to restore growth amid intense pricing competition …
Monthly Archives For June 2025
Starbucks has received ‘a lot of interest’ for China business stake, CEO tells FT
Starbucks has received “a lot of interest” in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednesday, as the U.S. coffee chain…
China, Africa ask US to return to ‘right track’ on trade differences
China and 53 African countries called on nations, especially the United States, to return to the “right track” of resolving trade differences, the official Xinhua news agency reported on Wednesday.
China plans to turn Shenzhen into AI and aviation hub amid US sanctions
Beijing is deepening reforms to accelerate the development of emerging industries in the Chinese tech hub, which faces a barrage of US trade curbs.
China’s latest trade truce with US leaves investors none the wiser
The latest trade truce between China and the United States offered investors the hope of an eventual deal that the feuding superpowers can live with, though the possibility of another tariff flare-up …
China Rare-Earth Magnet Maker Gets Green Light for US Exports
A major Chinese manufacturer of rare-earth magnets received export permits to countries including the US, in a possible sign of easing tensions between Beijing and Washington.
U.S., China reach deal to revive trade truce
The United States and China have agreed to a framework that would restart last month’s trade truce following two days of talks in London, negotiators announced Wednesday.
ECB’s Lagarde slams ‘coercive trade policies’ in Beijing visit
European Central Bank chief Christine Lagarde warned Wednesday that “coercive trade policies” risked harming supply chains and the global economy, and called for a de-escalation of a tariff standoff …
Asia shares climb after China and the US say they have a framework for seeking a trade deal
Asian shares mostly rose Wednesday after China and the U.S. said they had reached agreement on a framework for following up on the trade truce reached last month in Geneva. Japan’s benchmark Nikkei …
A new car for $7,700: In China, fears grow of an EV financial crisis amid pricing war
Electric vehicle makers in China, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits in the industry.
US-China Trade Talks Yield Agreement to Ease Curbs, Avoid New Tariffs
The largest global economies were negotiating for a permanent ceasefire in their tariff battle while their current levy suspensions remained provisional.
White House AI czar says China is only 3-6 months behind the US in AI, not years behind
White House AI and crypto czar says China is only 3-6 months behind the US on AI, not years behind America, and that it’s a ‘very close race’.
Biotech Firm MediLink Is Said to Hire Banks for Hong Kong IPO
MediLink Therapeutics Ltd. has hired China International Capital Corp., JPMorgan Chase & Co. and Morgan Stanley for a planned initial public offering in Hong Kong, according to people familiar with …
