McDonald's sells China business in $2.1B deal

HONG KONG - Fast food giant McDonald's says it is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion. The company said in a statement Monday that Citic ... ( read original story ...)

China's IPO market heats up in 2016

BEIJING - China's IPO market did better in 2016 as the regulator accelerated approvals in the latter half of the year. According to the official Securities Times, 12 companies are expected to go public on the A-share market next week, bringing the number ... ( read original story ...)

Apple pulls New York Times app in China after government request

Apple Inc has removed the New York Times Co’s news apps from its app store in China following a request from the Chinese authorities, the companies said separately on Thursday. Apple removed both the English-language and Chinese-language apps from the ... ( read original story ...)

Superior tech, stronger brands needed

This is a huge gap for China, and so far it has been filled almost entirely by Western brands such as Apple, BMW and Hermes, to name just a few. This is because, while the demand side has shifted from low cost to high-quality products, the supply side is ... ( read original story ...)