By Helen Reid LONDON (Reuters) -Fast-fashion retailer Shein’s executive chairman Donald Tang told investors in a letter on Monday that “growth remains strong” despite the United States ending …
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China Wants Your Job: Fight Back With These Insane AI Cryptocurrencies
As AI transforms industries and raises fears about the automation of jobs, a new generation of crypto projects is flipping that paradigm on its head by using …
Restaurant Brands takes full control of Burger King China
Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.
China seeks cooperation with Japan amid tariff row with U.S.
Chinese Commerce Minister Wang Wentao on Tuesday urged Japanese business leaders to “join hands” with Beijing, as the world’s second-largest economy remains engaged in a tariff war with the United …
China’s copper imports from Congo climb by 71% year-on-year in 2024
China’s copper imports from Congo have surged, with shipments of refined copper jumping by 71% y-o-y to 1.48mt in 2024.
Restaurant Brands buys partners’ equity stakes in Burger King China for ~$158M cash
Restaurant Brands International (NYSE:QSR) subsidiary has acquired from TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII all their equity interests in Burger King China for …
Restaurant Brands International Announces Plan for Burger King® in China
Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) (TSX: QSP) (“RBI”, “Company”) announced today that a subsidiary of RBI has acquired from TFI Asia Holdings BV (“TFI”) and Pangaea Two …
The Risks of Underestimating Competition from China
Global executives in far too many industries are waiting to see Chinese products in their own markets before they take them seriously. But tariffs, geopolitics, and China’s evolving approach to global expansion mean that any…
Xi Jinping’s U-turn on tech
Diane Brady on Xi Jinping’s turn toward the tech sector. The big story: U.S. and Russia in talks on Ukraine. The markets: Treading water. Analyst notes from Goldman Sachs (on the U.S. economy), Apollo …
Analysis-Xi’s new frontline corporate guard showcases his priorities, control
When President Xi Jinping hosted entrepreneurs at a rare meeting in Beijing in 2018, the executives granted coveted front-row seats came from industries ranging from high-tech to energy, and few were …
China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say
Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as…
Xi Jinping gave China’s big tech companies a personal stamp of approval
At the Monday meeting, Xi urged the executives to “show their talent” and pledged to support private businesses.
Jack Ma’s return – A bold signal of Beijing’s confidence in China’s private sector
The significance of Jack Ma’s appearance at this meeting cannot be overstated. Once seen as the face of China’s private sector, Ma’s public image took a sharp hit after a fallout with Beijing in 2020.
