Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as sales at KFC and Pizza Hut disappointed. Net sales rose 4% to $1.55 billion, falling short of …
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Warren Buffett-backed BYD shrugs off China’s lockdowns
Tesla, which ranks first among pure-electric brands in China, hasn’t revealed its April sales data yet, but it will be closely watched given that it had to suspend production in Shanghai for a few …
BorgWarner to Provide eMotors for Leading EV Brand in China
eMotors for a leading electric vehicle brand in China. The eMotors will be used in the company’s second-generation 800V propulsion system platform. The vehicle model equipped with this platform is …
China market analyst out after his social media accounts were frozen
China’s fifth largest bank. A spokesman for BOCOM International told CNN Business on Wednesday that Hong had resigned from the company for personal reasons. Hong declined to comment. His account …
Taiwan cracks down on China poaching tech talent
Taipei’s hardening stance also comes as businesses from the United States and the European Union grapple with rising costs associated with doing business in China, from forced technology transfer to …
US plans to impose sanctions on China’s Hikvision: report
China’s Huawei Technologies, ZTE, Hytera Communications and Zhejiang Dahua Technology were the others in the list. The White House did not immediately respond to a request for a comment, while …
China remains Myanmar’s biggest export market in 6-month period
YANGON, May 4 (Xinhua) — China remained the largest export country for Myanmar between October last year and March this year, according to the Ministry of Commerce on Wednesday. According to the …
China’s COVID lockdowns expose the folly of communism
China’s authoritarian actions … Most importantly, we must ensure that the Chinese Communist Party is never able to export or impose its wicked system on any freedom-loving people.
China extends capital controls to emigration
While some individuals are still allowed to go overseas for study or business, China has tightened control over cross-border travel as part of measures to prevent people from bringing fresh cases of …
GSBN develops proof-of-concept for two blockchain-based trade finance products
Comprised of Bank of China (Hong Kong) Limited (BOCHK), DBS Bank and The Hongkong and Shanghai Banking Corporation Limited (HSBC), GSBN’s Trade Finance Advisory Group aims to build upon blockchain …
China’s Private Refiners Secretly Buying Russian Oil At Low Prices To Evade US’ Embargoes
China’s private refiners have been accused of secretly purchasing … He further warned that if the US imposes secondary penalties on third-country companies doing business with Russia, the company’s …
China Mobile Hong Kong Launches Online Medical App “Dr. HK”
Mr. Ben Li, Chief Executive Officer of Heals said, “Heals is proud to have partnered with China Mobile Hong Kong, being part of China Mobile, a Fortune 500 mobile network brand with the largest …
China’s tech companies get a temporary reprieve, not a pardon
Over the past few years, political ideology focused on redistributing wealth and driving China toward a grand vision of technology and resource independence has taken precedence over almost everything …
