It was China’s biggest foreign takeover of all time. On Tuesday, Dow Chemical (DOW) announced that an agriculture fund backed by the Chinese government would pay $1.1 billion for its Brazilian corn seed and research…
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KFC China releasing Colonel-themed smartphone
It’s starting to seem like the KFC restaurants in China aren’t really interested in serving chicken. “Both brands have witnessed the rise of China in these 30 years, and both embody the spirit of the…
Apple Opens Data Center in China to Comply With Cybersecurity Law
For example, a government plan called Made in China 2025 names several industries, like robotics and electric cars, in which it hopes its companies will become leaders. Foreign business groups have said the laws unfairly…
China’s New VPN Clampdown Hurts Business, U.S. Group Says
China’s clampdown on the use of virtual private networks to circumvent the country’s internet controls risks disrupting businesses that depend on them for cloud services and data security. Besides using virtual private networks to gain…
18 drinks China can’t live without
“There are some different brands of rice wine in the supermarket, but rice wine isn’t common in restaurants.” Try it at: During the Dongzhi festival (also known as the “arrival of winter”) and at street…
The Fairfield by Marriott Brand Premieres In China With Fairfield by Marriott …
Marriott International and Dossen International Group signed an exclusive development agreement to bring the Fairfield by Marriott brand to mainland China in September 2016. The partnership targets aggressive growth in different cities across China in…
China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access
BEIJING — China’s sovereign wealth fund is looking at big bets in America. But the $800 billion investment behemoth said on Tuesday it faced an obstacle: the United States government. The fund, the China Investment…
U.S. firms in China decry local favoritism as market improves
“These increases reflect a return to previous trends after a particularly poor 2015, not a meaningful improvement in business conditions,” AmCham said. “China remains a difficult market and more efforts are necessary to create a…
CHINA: Don’t hold us responsible for solving North Korea
BEIJING (AP) — China on Tuesday said it shouldn’t be held responsible alone for solving the North Korean nuclear standoff, and accused other countries of shirking their responsibilities in the effort to reduce tensions. The…
Intel Corporation Wants to Boost Its Graphics Brand in China
When it comes to 3D graphics technology, chipmaker Intel (NASDAQ:INTC) is widely known, but at least among users who crave high-performance graphics technology to power increasingly visually rich gaming experiences, not particularly well respected. (…
China vehicle sales rebound in June amid price cuts
Total vehicle sales hit 2.17 million in June, up 4.5 percent from a year earlier, while sales for the first half of the year rose 3.8 percent to 13.4 million vehicles, the China Association of…
China Car Sales Bounced Back in June
Passenger-car sales—which had declined in April and May, the biggest dip in two years—were up 2.3% in June from a year earlier, the China Association of Automobile Manufacturers said on Tuesday. The 1.83 million vehicles…
How do Yum and Yum China compare?
Louisville-based Yum Brands Inc. is a more reliable investment than Yum China Holdings Inc., according to Jim Cramer, host of CNBC’s “Mad Money.” Yum Brands owns the KFC, Taco Bell and Pizza Hut brands. Yum…
