HONG KONG Sunac China Holdings's (1918.HK) planned $9.3 billion deal to buy Dalian Wanda's tourism projects and hotels is a bargain even though it could become China's most indebted developer, analysts said, a view that sent Sunac shares up nearly 14 ... ( read original story ...)
U.S. firms in China decry local favoritism as market improves
"These increases reflect a return to previous trends after a particularly poor 2015, not a meaningful improvement in business conditions," AmCham said. "China remains a difficult market and more efforts are necessary to create a truly level playing field ... ( read original story ...)
China sends forces to 1st military base abroad, in Djibouti
China on Tuesday dispatched members of its People's Liberation Army to the Horn of Africa nation of Djibouti to man the rising Asian giant's first overseas military base, a key part of a wide-ranging expansion of the role of China's armed forces. The ... ( read original story ...)
Overseas deals in the cross hairs at Beijing’s key financial policy meeting, sources say
Financial risk stemming from ambitious outbound investments will go under the microscope at a key financial policy meeting in Beijing in the middle of this month, sources close to the government told the South China Morning Post. The closed-door meeting ... ( read original story ...)
CHINA: Don’t hold us responsible for solving North Korea
BEIJING (AP) — China on Tuesday said it shouldn't be held responsible alone for solving the North Korean nuclear standoff, and accused other countries of shirking their responsibilities in the effort to reduce tensions. The complaints, made in unusually ... ( read original story ...)
China controls information about ailing Nobel Prize laureate
News searches for Liu's name on Baidu, China's largest internet search engine, have turned up no hits since February. Searches on WeChat also turn up empty. Many supporters of political reform inside China have instead taken to Twitter, which is ... ( read original story ...)
Intel Corporation Wants to Boost Its Graphics Brand in China
When it comes to 3D graphics technology, chipmaker Intel (NASDAQ:INTC) is widely known, but at least among users who crave high-performance graphics technology to power increasingly visually rich gaming experiences, not particularly well respected. ( read original story ...)
China vehicle sales rebound in June amid price cuts
Total vehicle sales hit 2.17 million in June, up 4.5 percent from a year earlier, while sales for the first half of the year rose 3.8 percent to 13.4 million vehicles, the China Association of Automobile Manufacturers (CAAM) said on Tuesday. The rise in ... ( read original story ...)
China Car Sales Bounced Back in June
Passenger-car sales—which had declined in April and May, the biggest dip in two years—were up 2.3% in June from a year earlier, the China Association of Automobile Manufacturers said on Tuesday. The 1.83 million vehicles sold pushed the first-half ... ( read original story ...)
How do Yum and Yum China compare?
Louisville-based Yum Brands Inc. is a more reliable investment than Yum China Holdings Inc., according to Jim Cramer, host of CNBC's "Mad Money." Yum Brands owns the KFC, Taco Bell and Pizza Hut brands. Yum China operates those stores in Mainland China as ... ( read original story ...)