A joint venture with Chinese asset manager CPE will focus on growing the chain from 1,250 units to 4,000 by the end of 2035.
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Applied Materials’ shares fell up to 4% pre-market as new US export curbs tightened pressure on its China business
Applied Materials, a semiconductor manufacturer, saw up to 3% decline in its shares on Friday as the United States intensified export restrictions in a bid to curb China’s access to advanced …
Trade tensions shift China’s export engine toward Asia in 2025
Tariffs and escalating trade tensions between Washington and Beijing have remained a dominant theme throughout 2025, reshaping global commerce in unexpected ways. According to Apollo’s chief economist …
Alibaba Develops Deposit Token to Sidestep China’s Fierce Stablecoin Crackdown: Report
Alibaba is developing a deposit-token payment system designed to streamline global commerce while working within the increasingly strict stance Beijing has taken toward stablecoins, according to new …
Alibaba Explores Bank-Backed Deposit Token as China Tightens Grip on Stablecoins
Alibaba ($BABA) is quietly exploring a blockchain-based deposit token for international payments, according to comments shared by company …
US Lawmaker Challenges Morgan Stanley Over Chinese IPO Tied to Forced Labor
Chairman John Moolenaar questions Morgan Stanley’s role in underwriting Zijin Gold’s IPO amidst forced labor concerns, urging scrutiny of US financial ties with such companies. He highlights risks to …
Alibaba weighs deposit token as China clamps down on stablecoins: Report
The cross-border e-commerce arm of Chinese tech behemoth Alibaba is working on a deposit token amid mainland China’s crackdown on stablecoins, according to CNBC. Alibaba president Kuo Zhang told CNBC …
US House Panel Warns Morgan Stanley Over China Firm’s Forced Labor IPO
Select Committee on China Chairman John Moolenaar is probing Morgan Stanley’s role in the IPO for Zijin Gold, a subsidiary of a firm on the US forced labor list, citing a history of human rights…
US lawmaker presses Morgan Stanley over IPO ties to Chinese firm listed under Uyghur Forced Labor Act
Chairman John Moolenaar (R-MI) of the Select Committee on China addressed a letter to Morgan Stanley CEO Ted Pick, seeking additional information regarding the company’s involvement in underwriting …
China cracks down on exports of ‘zero mileage’ new cars exported as used
China’s Commerce Ministry has announced stricter controls on exports of new vehicles being exported as if they are used …
Experts: Starbucks, Burger King Stake Sales Driven by Localization and Competition, Not China Exit
The plans of global chains such as Starbucks and Burger King to sell majority stakes of their China business reflect deeper localization efforts and increasingly fierce market competition — not a …
Applied Materials’ shares drop as stringent US export curbs weigh on China business
Applied Materials shares slid 5% before the bell on Friday as the chip equipment maker forecast reduced spending in China next year due to stringent U.S. export curbs.
Amazon, Microsoft back effort to restrict Nvidia’s exports to China, WSJ reports
Amazon is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street Journal reported on Thursday, citing people familiar with the …
