PBOC Governor Pan Gongsheng headlines the Lujiazui Forum in Shanghai on June 17-18, where officials will outline economic support policies with implications …
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Yum China to acquire ownership of Pizza Hut brand in Chinese mainland, demonstrating long-term commitment to market
Yum China Holdings, Inc. (Yum China) announced on Tuesday that it has entered into a definitive agreement with Yum! Brands, Inc. (Yum! Brands) to acquire ownership of the Pizza Hut brand in the …
Beijing’s New Message to Its Citizens: Your Money Belongs at Home
Eager to keep capital within its borders, China is restricting the ways individuals can engage with global markets.
Beijing pledges to safeguard Yangon’s territorial integrity
Xi Jinping pledged support for Myanmar in safeguarding its sovereignty, state media reported, as he met with President Min Aung Hlaing in Beijing.
Making China the elephant in the room: The G7 confronts its reliance on US AI and Chinese energy supply chains, experts say
With U.S. export controls on Anthropic boxing out allies and China controlling the minerals behind clean energy, the summit’s AI and trade goals might be stymied.
China wants to trade data across borders as AI fuels demand. Southeast Asia is a key focus
China has established mostly domestic data exchanges as it seeks to bolster the digital economy. A recent partnership is putting its regional ambitions into focus, even as the nascent sector faces …
Yum China buys Pizza Hut brand in China
Yum China Holdings Inc. YUMC said Tuesday it has agreed to acquire ownership of the Pizza Hut brand in Mainland China from Yum! Brands Inc. YUM for $1.2 billion in cash. Acquisition Ends Pizza Hut…
YUM Stock Gains — Yum Brands Offloads Pizza Hut Chain In Massive $2.7B Divestiture
Yum Brands has entered into agreements to sell its global Pizza Hut operations to private equity firm LongRange Capital and its former spinoff Yum China.
China’s mBridge bets on blockchain to break SWIFT’s global grip
China is closing in on a commercial rollout of mBridge, a proposed blockchain-based settlement network that will directly compete with SWIFT. Beijing is pushing for the newly proposed settlement …
Why Yum! Brands just sold the iconic Pizza Hut chain to LongRange Capital and Yum China
Yum! Brands (YUM) just announced a piping hot deal for Pizza Hut. It should make the restaurant company stronger. The news: Yum! Brands said on Tuesday morning that it has entered into definitive …
Myanmar’s Min Aung Hlaing, China’s Xi meet in Beijing
The head of Myanmar’s military-backed government and China’s president have met in Beijing. They reaffirmed their commitment to enhancing bilateral cooperation.
Yum China to Acquire Ownership of the Pizza Hut Brand in Mainland China
Yum China Holdings, Inc. (the ‘Company’ or ‘Yum China’) (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Brands, Inc. (‘Yum! Brands’) (NYSE: YUM) …
Five Reputable Woodworking Machine Manufacturers in China 2026: Advancing Innovation in Wood Processing Equipment
Featuring manufacturers providing woodworking machinery solutions for furniture production, panel processing, and …
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