Starbucks Corp is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in…
Featured Posts Title
Fearing vulnerability to China, Europe has a new worry: Electric buses
China Suspends Export Controls on More Critical Minerals
Thousands of Chinese lured abroad and forced to be scammers – now Beijing is cracking down
In China, the Dream of Outrunning Time
China to Resume Nexperia Chip Exports, Dutch PM Schoof Says
Flower Stalls and Urban Vibes in Shenzhen’s Shopping Street
Why Trump’s cuts to scientific research are a big win for China
Recent Posts
Starbucks aims to triple China revenue by 2022
L.A. Times Suspends Beijing Bureau Chief After Accusations
The Los Angeles Times said Tuesday that it was suspending Jonathan Kaiman, its Beijing bureau chief, amid accusations of sexual misconduct. The move followed accusations against Mr. Kaiman by a fellow journalist, Felicia Sonmez, who…
China, Airbus investigating after blown-out windshield on plane forces emergency landing
Sichuan Airlines flight 8633 was en route from Chongqing, China, to Lhasa, Tibet, on Monday morning when the cockpit window on the A319 jet flew off, the country’s aviation regulator said. The co-pilot’s seatbelt prevented…
China urges North Korea to proceed with Trump summit amid threats
BEIJING — China urged its ally North Korea on Wednesday to proceed … and maintain peace and stability in the region,” Lu said at a regularly scheduled news briefing. Kim and Trump are due to…
China Mobile (Beijing) and Huawei Sign MoU on Joint Innovation in Big Video and Premium Networks
[Shenzhen, China, May 16, 2018] China Mobile (Beijing) and Huawei signed a memorandum of understanding (MoU) in Shenzhen on joint innovation in big video and premium networks. The two parties plan to collaborate on building…
China’s Didi axes social features from carpooling service after passenger murder
Following news of the death, users have criticized Didi’s efforts … Brasil and Australia where it will come head-to-head with Uber [UBER.UL]. After acquiring Uber’s China business in 2016, Didi controls over 90 percent of…
JD Finance fundraising a precursor for IPO
JD Finance’s exhibition booth attracts many visitors in Nanjing, Jiangsu province. [Photo provided to China Daily] The reported $2 billion fundraising by JD Finance, the financial arm of China’s second-largest e-commerce player JD, could pave…
China: military drills to threaten Taiwan
The message conveyed by the recent drills is “very clear,” spokesman for the Cabinet’s Taiwan Affairs Office An Fengshan said at a biweekly news conference on Wednesday … and territorial integrity,” An said. China has…
Qualcomm progresses thanks to technology, products, partnerships
Moreover, wireless technology has powered innovative products and services like mobile payment, bike-sharing and online shopping, which have significantly changed the way people live and work here in China. What’s the biggest challenge China faces…
L.A. Times suspends Beijing bureau chief while it investigates sexual misconduct allegation
The Los Angeles Times suspended Beijing Bureau Chief Jonathan Kaiman on Tuesday and has launched an investigation into an allegation of sexual misconduct. On Monday, former Beijing-based journalist Felicia Sonmez sent a letter to the…
UPDATE 2-China property investment growth slows, sales dip on increased curbs
* April property investment +10.2 pct y/y, vs +10.8 pct in March – Reuters calculation * Property sales -4.1 pct, vs +3.2 pct in March – Reuters calculation * New construction starts +2.9 pct, vs…
China, Airbus investigating blown-out windshield on plane
Sichuan Airlines Flight 3U8633 was en route from Chongqing, China, to Lhasa, Tibet, on Monday morning when the cockpit window on the A319 jet broke off, according to the website of the Civil Aviation Administration…
Gap apologizes for China map T-shirt after backlash
The U.S. clothing retailer Gap apologized Tuesday for selling T-shirts with a map of China that didn’t include self-ruled Taiwan, the latest example of corporate kowtowing to Beijing. “Upon the realization that one of our…
