The chain is looking for a local partner to help run its stores in China as it looks to open “thousands” more outlets there in the future.
Monthly Archives For July 2025
How a Chinese Brand Reshaped Hong Kong’s Food Delivery Scene
Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
Trump tariff uncertainty distanced Vietnam from China, but it didn’t last
China remains the country’s largest trading partner by a … The consensus: Vietnam’s attraction will outlast the Trump administration. “There are so many business opportunities in Vietnam,” said …
Why is Shenzhen adjusting China’s first pilot personal bankruptcy scheme?
Debt evasion’ fears prompt stricter supervision, even though no individual debts have been discharged since launch four years ago.
Deadly flooding in Beijing as region gets almost a year’s worth of rain
At least 38 people have died in the #Beijing region in #China after it was battered by almost a year’s worth of rain in a handful of days, setting off flooding and landslides, cutting off…
Beijing flood casualties rise, J-20 flies through Tsushima Strait: SCMP daily highlights
From potential record of mysterious chapter in Chinese history to EU’s doubts over bloc’s leverage, here’s a round-up from today’s coverage.
Exclusive: Tesla signs $4.3 billion LGES battery deal, source says, reducing China reliance
South Korea’s LG Energy Solution (LGES) has signed a $4.3 billion deal to supply Tesla with energy storage system batteries, said a person familiar with the matter, as the U.S. company looks to reduce …
Trump bludgeoned the EU on trade. Good luck doing the same to China
President Donald Trump shakes hands with European Commission President Ursula von der Leyen, as US Commerce Secretary Howard Lutnick, US Trade Representative Jamieson Greer and White House Deputy …
Chinese tech exec gets 14 years for $19M embezzlement, crypto money laundering
A former tech executive has been given 14 years prison time for embezzling CNY140 million (US$19.5 million) from his company and laundered it using cryptocurrencies.
U.S.-China tariff war has a major update
The United States and China agreed to extend their 90-day tariff truce on July 29, SCMP reported. This is a developing story. Please keep refreshing for updates.
China’s finance minister pledges stronger fiscal policy support including childcare subsidies to ramp up economy
Chinese Minister of Finance Lan Fo’an pledged on Wednesday to accelerate the implementation of childcare subsidy policy, including gradually rolling out free pre-school education, and providing …
Stable, healthy Sino-US business ties beneficial to all
The United States should work with China to continue enhancing consensus, reducing misunderstandings, strengthening cooperation, further deepening dialogue and consultations, and striving for more win …
How China Is Girding for an AI Battle With the U.S.
As Washington tries to limit its progress, Beijing is spending more to build an artificial-intelligence ecosystem that doesn’t rely on U.S. technology.
