Major Hong Kong grocery chain U Select shuts stores as China lures shoppers
HONG Kong’s third-largest supermarket chain U Select, run by state-owned conglomerate China Resources Holdings, has almost halved its network in ...
Tag: China
China water giant Nongfu Spring’s stock falls on boycott calls
CHINESE beverage giant Nongfu Spring is the latest major brand to come under fire from the mainland’s online army of ...
Jollibee targets exponential growth in China to triple profit
JOLLIBEE Foods, the Philippines’ largest restaurant operator, plans to expand its brand internationally and “exponentially grow” in China as it ...
China has never cancelled this many shipments of US wheat
CHINA cancelled another batch of United States wheat export shipments, adding to an already record number of cancellations that have ...
China EV makers woo buyers with in-car beds, kitchens and drones
IN CHINA, electric vehicles (EVs) with built-in fridges and even in-car karaoke systems are considered passe. Instead, carmakers are turning ...
Oil prices slips amid concerns over the Middle East, China demand
GLOBAL benchmark Brent slipped on Monday (Mar 11), dipping below US$82 a barrel, as persistent geopolitical concerns in the Middle ...
China asks large banks to support Vanke in rare intervention, sources say
CHINA has asked banks to enhance financing support for state-backed China Vanke and called on creditors to consider private debt ...
Who is Korbein Shultz? 24-Year-old US intelligence analyst arrested for selling military secrets to China
An Army soldier named Sgt Korbein Schultz has been arrested on Thursday on accusations of selling sensitive information related to ...
China’s CNOOC makes 100 million ton oilfield discovery in South China Sea
CHINESE state-owned oil and gas giant CNOOC has discovered a new reserve in the South China Sea containing over 100 ...
China scrutinises bond buying at smaller banks as market soars
CHINESE regulators are scrutinising regional banks’ bond investments amid concern that they are speculating on the securities rather than lending ...
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