Starbucks said on Monday it has agreed to sell control of its China operations to investment firm Boyu Capital in a deal valued at $4 billion.
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Starbucks Sells 60% Stake in China Unit to Boyu for $4 Billion
Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital for $4 billion in a bid to improve the coffee chain’s fortunes in the country. Boyu Capital …
Satellite photo shows US carrier strike group in South China Sea
N ew satellite imagery has captured the USS Nimitz strike carrier group operating in the South China Sea amid rising tensions with China. The South China Sea is a critical maritime corridor, with an estimated…
The mystery of China’s slumping investment
C ritics of China’s economy often complain that its investment is excessive and its official statistics flatter its performance. But recent monthly figures have flipped the script. Investment in …
Ford CEO Says China Can ‘Put Us All Out of Business:’ TDS
🛻 Stellantis CEO Antonio Filosa said during the automaker’s Q3 shipments and revenue report that Ram will introduce two SRT-badged products in the next three months. 🇯🇵 Mazda quietly introduced a …
China gives green light to group travel to Canada after Xi-Carney summit
Beijing has officially resumed group tours to Canada, just days after the first meeting between their top leaders in eight years, signalling a further thaw in bilateral ties after years of tensions.
Trump Officials Torpedoed Nvidia’s Push to Export AI Chips to China
The president decided against discussing the matter with Chinese leader Xi Jinping after top aides opposed it.
Trump claims Biden ‘switched totally’ to support crypto after losing voter support
Donald Trump said that Joe Biden’s administration “switched totally” on crypto policy after realizing Trump’s voter advantage.
China’s Shenzhen to present splendid 2026 APEC meeting: FM spokesperson
China’s role and contribution on the Asia-Pacific Economic Cooperation (APEC) stage has continued to strengthen, foreign ministry spokesperson Mao Ning said on Monday, adding China believes that …
China denies Trump’s claim that it’s testing nuclear weapons
China rejects Trump’s claim to 60 Minutes about clandestine nuclear tests, as a senior official seeks to clarify the president’s plans for U.S. tests.
China backs off chip export ban that could have shut down global auto plants
China has agreed to allow the export of chips critical to auto production, averting widespread shutdowns that had been predicted by the industry.
China denies Trump’s claim to 60 Minutes about nuclear weapons tests, calls on U.S. to ensure global stability
China rejects Trump’s claim to 60 Minutes about clandestine nuclear tests, as a senior official seeks to clarify the president’s plans for U.S. tests.
China Phase ‘Two’: What We Know Right Now
After months of negotiations with the Chinese, President Trump has announced a Deal on Economic and Trade Relations with China which includes: Agreements on the flow of the precursors used to make fentanyl;
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