Starbucks also said Chief Operating Officer Roz Brewer will leave to lead another publicly traded company. ( read original story …)
Tagged By beijing
Ant Group’s IPO could be revived after ‘problem solved’, hints China’s central bank governor
PBOC governor Yi Gang said there needs to be more international cooperation on regulating fintech, particularly regarding the ownership of consumer data. ( read original story …)
Starbucks’ recovery, solid in China, still slow in the US
Starbucks’ recovery slowed at the end of last year as U.S. coronavirus cases mounted, but the coffee titan says it’s confident its U.S. business will fully recover by March. “I am optimistic, because … (…
China’s industrial profits extend growth in December amid brisk factory recovery
BEIJING (Reuters) – Profits at China’s industrial firms grew for the eighth straight month in December, suggesting a sustained recovery as the manufacturing sector rapidly emerged from its COVID-19 … ( read original story …)
Beijing tries to bridge digital gap for elderly
Beijing will step up efforts to bridge the digital divide faced by seniors and provide them with convenient and smart life services, the city’s government work report said. How to solve the … ( read…
Beijing Olympics: The US has accused China of Xinjiang genocide. Will it now boycott the 2022 Games?
The United States’ determination that China is committing genocide in Xinjiang presents a rare moral predicament for athletes and countries preparing to compete in the 2022 Winter Olympics in Beijing. ( read original story …)
Global luxury brands like Omega, De Beers eye China’s retail boom as wealth expands in lower tier cities
Global luxury brands are expanding into lower tier cities in mainland China, as growing wealth powers some of the best performing retail locations for high-end goods in the country. ( read original story …)
How China is tackling fintech risk and regulation
The writer is deputy governor of the People’s Bank of China and heads the State Administration of Foreign Exchange. With the rise of big data, artificial intelligence, blockchai … ( read original story …)
Ant IPO could resume once issues resolved: China’s central bank
Ant Group could resume its plans for an initial public offering once problems are resolved, China’s central bank chief said, offering some relief to global investors seeking signs on what the future … ( read…
Kuaishou IPO: how newest millennial billionaires built the biggest rival to China’s TikTok
Kuaishou founders Su Hua and Cheng Yixiao will see their net worth jump above US$7 billion and US$6 billion, respectively, but their app still trails behind the popularity of ByteDance’s Douyin and … ( read…
RockTree Capital Announces Investment and China Partnership With dYdX Decentralized Exchange
RockTree Capital, a merchant bank in Beijing and Shanghai that invests into and advises blockchain projects across North America and … ( read original story …)
Top WHO Official: It’s ‘Definitely Too Early’ to Conclude Coronavirus Originated in China
A World Health Organization official said recently that it is “definitely too early” to conclude that the coronavirus first started in China. Michael Ryan, the executive director of WHO’s health … ( read original story…
Beijing under pressure over rising food prices ahead of CNY
The Chinese government is under pressure over rising food prices ahead of the Chinese New Year festivities, with a combination of Covid-19 disruptions and colder-than-usual winter weather putting a … ( read original story …)