The coffee chain, which had been expanding aggressively in the country, has seen sales plunge there amid growing competition.
Featured Posts Title
Exposed Fauci diary shows he estimated COVID-19 death rate to be much lower than what he told Congress
Carbon Economics Salon Held at PHBS in Shenzhen
China begins making homegrown DUV chipmaking tools, The Information reports
China opposes US ‘forced labour’ tariffs, calls for them to be cancelled
Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.
Trump administration marshals allies for 6G race with China
China accuses US of ‘AI hegemonism’, threatens countermeasures over potential probes
Recent Posts
Tim Hortons’ sales take a big hit in China
Walmart Did The Unthinkable In China; There’s More To Come
Walmart’s strategic partnerships and tailored physical and digital strategies have led to its dominance in China’s retail market, defying expectations. Read more here.
Huawei Revenue Jumps After Eating Apple’s Market Share in China
Huawei Technologies Co.’s revenue grew for the sixth straight quarter after its smartphones gained market share in China at Apple Inc.’s expense.
Tims China Announces Second Quarter 2024 Financial Results
Receipt of the Notice has no effect on the Company’s business operations or the trading of its securities at present. On June 28, 2024, Tims China announced that it had secured an aggregate of up…
Sullivan promotes Harris in meeting with Chinese leaders as Beijing visit concludes
White House national security adviser Jake Sullivan sought to assure China’s top leaders of U.S. policy continuity if Vice President Kamala Harris is elected president in November, wrapping up Thursday an unusually long three-day stay…
In High-Level Diplomatic Meet In Beijing, India, China Discuss Situation Along LAC
India and China on Thursday had a “frank, constructive and forward-looking” exchange of views on the situation along the LAC to “narrow down” differences and find an early resolution to outstanding issues,
Deng Xiaoping’s legacy in Hong Kong – the unfinished business of one country, two systems
In the final part of a three-part series, we look at Deng’s vision for Hong Kong and how much of it has been realised.
Beijing and Washington Clash Over Russia Sanctions
White House national security adviser Jake Sullivan visits Beijing for high-level talks as tensions rise over US sanctions on Chinese firms supporting Russia’s war effort and other key issues like Taiwan and the South China…
China’s New Growth Strategy Backed by Robots – IFR reports
At its recent Third Plenum, China mapped out the direction of the country’s economic policies: Beijing wants to adapt to the new round of industrial transformation by using robots as an engine for …
Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says
Nippon Steel and other Japanese steelmakers are urging Tokyo to consider curbing cheap steel imports coming from China, the world’s biggest steel producer, to protect the local market, Vice Chairman Takahiro Mori said in an…
US NSA Sullivan meets Xi Jinping as wide-ranging China-US talks near end
As the pair sat down in the Great Hall of the People, Xi told Sullivan Beijing was committed to a stable relationship with Washington
The specter of China has edged into US election rhetoric − for Republicans much more than Democrats
Of the four presidential and vice presidential candidates, only Tim Walz failed to mention China in his convention speech − and he is the only one with personal knowledge of the country.
China Makes New Demands About US Nuclear Weapons
Beijing blasted Washinton’s “Cold War mentality” after President Joe Biden’s revisions to U.S. nuclear strategy.
