Andy Barish of Jefferies explains that Shake Shack’s partnership with Hong Kong restaurant operator Maxim’s will increase visibility for the fast food chain in China and allow it to understand the … ( read original…
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China auto sales rise in July, as market regains momentum
The China Association of Automobile Manufacturers reported that sales of passenger cars jumped 8.5% from a year earlier to 1.67 million. In the first seven months of the year, passenger vehicle sales … ( read…
China auto sales in July rise 16.4%, fourth month of gains
China’s auto sales in July climbed 16.4% from a year earlier, the fourth consecutive month of gains as the world’s biggest vehicle market comes off lows hit during the country’s coronavirus lockdown. ( read original…
China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site
China Mobile outbid 8 other buyers by at least 56% last month to buy a Hong industrial site for HK$3.6 billion to build a data centre. ( read original story …)
China Registers Over 10,000 New Blockchain Firms This Year
Despite the impact of COVID-19 pandemic across most of the industries globally, the blockchain sector in China is booming. According to decentralized data provider LongHash, more than 10,000 new … ( read original story …)
China’s Latest Tesla Challenger, XPeng Motors, Is Preparing an IPO
Follow @scott81236 Check your rear-view mirrors, Tesla (NASDAQ:TSLA) and NIO (NYSE:NIO) investors: There’s another electric vehicle manufacturer getting ready to join the public markets. Last week, … ( read original story …)
Technology, Innovation Walled Off in US-China Spat
China has long limited what foreign tech companies can do; now, the U.S. and others are implementing their own restrictions. ( read original story …)
Varney: Trump playing hardball with China like no other president
For the first time in a generation, America is pushing back on China. On all fronts, President Trump has called a halt to China’s aggressive expansion. ( read original story …)
Huawei named China’s MOST VALUABLE brand
A list released by Brand Alliance revealed that tech giant Huawei has become China’s most valuable brand, worth some 815.1 billion yuan ($117 billion). The total value of the top 20 Chinese brands … (…
China General Chamber of Commerce USA Launches 2020 Annual Business Survey on Chinese Enterprises in the U.S.
China General Chamber of Commerce USA Launches 2020 Annual Business Survey on Chinese Enterprises in the U. 10, 2020Survey finds that Chinese companies remain committed to U. ( read original story …)
China Cancer Diagnostics Firm Genetron’s Revenue Gains After IPO
Genetron is one of two precision oncology firms from China to IPO in the U.S. in recent months. The other, Burning Rock Biotech, raised $281 million from a public offering and private placement. ( read…
Geopolitical cold war with China would be a dangerous mistake, economist Jeffrey Sachs says
American politicians risk making a “dreadful mistake” by escalating tensions with China, economist Jeffrey Sachs told CNBC. He said attacking China has become a bipartisan strategy for political gain … ( read original story …)
China business travel returns for Marriott, revenue tumbles
Marriott has reopened 91% of its hotels globally as business travel reemerges in China and worldwide occupancy, which tumbled to 11% in April, reached 34%. The company reported … ( read original story …)
