During fourth-quarter 2021, Yum China opened 563 gross new restaurants owing to the development of the KFC and Pizza Hut brands. As of Dec 31, the company’s total restaurant count stood at …
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China’s Long March rocket family: History and photos
The similarly capable Long March 2D is produced by the Shanghai Academy of Spaceflight Technology (SAST); SAST and CALT are China’s two major state-owned launch vehicle manufacturers, with both …
AI Pharma Startup METiS Raises $150 Million. IPO In Sight?
But most of China’s AI pharmaceutical companies are still in the investment … Both stocks have been trending down since their IPOs, but still have relatively high P/S ratios of about 16 times, …
VinFast’s Planned U.S. IPO May Be Biggest From Asia Since Didi
At that size, the IPO would end a drought of large offerings by Asian issuers in the U.S. market, though the deal would have to negotiate volatility in equities trading and cautio …
Apple supply chain in China hit by lockdowns as key partner suspends production in Shanghai, Kunshan
China’s cabinet, the State Council … In August 2020, Foxconn and Pegatron were among companies said to be eyeing new factories in Mexico to dilute business risks. Around the same time, Pegatron was …
‘Sell Ethereum’ Google searches skyrocket as crypto markets get the jitters
The crypto market dip is linked to China telling banks to stop the support of crypto transactions, in the country’s latest restrictions on cryptos. “These findings offer a fascinating insight into the …
China’s gas import growth to halve this year -CNPC research
China’s natural gas imports are expected to rise by 10.1% this year to 185 billion cubic metres (bcm), according to an annual forecast by a research unit of China National Petroleum Corp (CNPC), …
Vietnam’s VinFast planned IPO in United States may be biggest from Asia since Didi
A Vietnamese electric-vehicle maker is testing the waters for what may be the largest initial public offering by an Asian company in the U.S. since the Didi Global Inc. fiasco last year.
MYEG’s Zetrix Blockchain Launches Mainnet
Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial …
China sales slump 12% in March on COVID-19 curbs, halting 3 months of gains
Robert Bosch has suspended production at two of its factories in China and is operating two others on a so-called “closed loop system” as COVID-19 lockdowns batter manufacturers. While China’s …
Bosch suspends 2 China factories on COVID lockdowns
The supplier joins a growing list of companies affected by the country’s strict COVID policies, which have the vast majority of Shanghai’s 25 million residents still under tight movement restrictions.
Cryptocurrency and Blockchain Market May See a Big Move | Major Giants BitFury Group, Bitstamp, Global Arena Holding
Advance Market Analytics published a new research publication on “Global Cryptocurrency and Blockchain Market Insights, to 2027” with 232 pages and …
Vivo’s X Fold is the brand’s first folding smartphone, but it’s China-only for now
It makes a kind of sense that Vivo’s first folding smartphone is the X Fold. As opposed to the Mate X lineup from Huawei, which is …
