Starbucks reported China same-store sales dropped by 14% in the quarter ended June 30, far steeper than the 2% decline in the U.S. “Consumer sentiment in China is quite weak,” McDonald’s chairman, CEO …
Featured Posts Title
Australia’s rising jobless rate points to trade war impact
Microsoft ends use of China-based computer engineers for certain Defense Dept projects amid espionage fears
Exclusive: Defiant Bolsonaro says he is the one to stop Lula, China and Trump tariffs
Ex-Australian PM Morrison to testify before US House panel on China
Update: China Issues New Statement on US Tech War
Canada’s steel import duties violate WTO rules, says China
Night Walk in Shenzhen’s Houhai – Stunning 4K HDR Tour of Nanshan District
Recent Posts
Consumer giants from Starbucks to General Mills have one big sales problem: China
Chinese-American agent for Beijing ‘accepts the verdict’ in Brooklyn trial after conviction
Shujun Wang and his attorney spoke with the press Tuesday after his guilty verdict in a Brooklyn court for spying on Chinese government dissidents. (Credit: Reuters) …
Finally, US figure skaters will get Beijing Olympic gold medals — under Eiffel Tower
For the first time in history, Winter Olympians will receive their gold medals at the Summer Olympics as the Kamila Valieva doping saga finally ends.
China stocks, yuan ease despite regional rebound; yields rise on bank selling
China stocks struggled to rise on Tuesday despite the rebound in regional markets as investors remain concerned about its lagging economic recovery.
Creditor China ‘closely monitors’ conditions in post-Hasina, debt-heavy Bangladesh
Beijing, one of Dhaka’s main lenders, says it hopes social stability will be restored in the South Asian country as soon as possible.
Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand
VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up 5% in extended …
Yum China, owner of KFC and Pizza Hut, beats estimates as low-price strategy draws diners
The fast-food chain posted a net profit of US$212 million for the April to June quarter, beating analysts’ estimates of US$190 million.
US, China compete to study water on the moon: Why that matters for future missions
After NASA canceled its VIPER launch last month, the space agency is looking for other ways to explore and study water ice on the moon.
China and the United States lead in team artistic swimming after 2 rounds at Paris Olympics
China and the United States were the leaders after the team free routine in artistic swimming at the Paris Olympics.
Huawei, China Unicom deploy 5G-A 3CC network in Beijing
Huawei said that the new commercial 5.5G 3CC network consists of more than 4,000 base stations and covers well-known landmarks in Beijing.
World’s first intelligent robotic whale shark developed in China, swims 1.5 mph
China’s Shenyang Aerospace Xinguang Group, under the Third Academy of China Aerospace Science and Industry Corporation Limited, has successfully created the world’s first intelligent robotic whale shark.
New York Resident Convicted of Acting as a Covert Agent for China
A New York resident was convicted on Tuesday of charges that he provided China with intelligence on dissidents and acted as a covert agent for the Asian nation.
Tim Walz’s China connection explained
Kamala Harris’ VP pick, Tim Walz, was among the first government-sanctioned groups of American educators to teach in China.
