McDonald’s bought out the 28% stake of its Chinese business owned by private equity giant Carlyle Group, just as it plans an expansion there.
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With so much amiss between the U.S. and China (the pandemic, the “balloon incident,” China’s opposing views on the Ukraine-Russia and Israel-Gaza wars, and America’s containment of tech exports to China), expectations may be so lowly rated…
ByteDance is undergoing a sweeping restructuring and scaleback of its VR division, according to a Financial Times report on Tuesday.
From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.
While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.
Beijing plans to establish a Central Financial Commission, which will act as a watchdog for the country’s $61 trillion financial sector.
Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative: the Belt and Road Initiative.
The release of “Peril” led to an extended war of words between U.S. Army General Mark Milley and former U.S. president Donald Trump.
Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.
The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.
Belgian authorities are monitoring Alibaba for “possible espionage” at the company’s main European logistics hub.
Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.
An intense geopolitical fight is raging at the moment, and the future of deep sea mining does hang in the balance.
The war is not just on the battlefield – it’s in the courtroom too.
The EU’s antitrust investigation claims that China is artificially flooding the market with cheap EVs via enormous state subsidies.