China has no business telling the Philippines what it can or cannot do within its waters, Manila’s defence ministry said on Wednesday, rejecting Beijing’s opposition to its ongoing coastguard …
China Is Probing Ant’s Speedy Listing Process After Halting IPO
Chinese authorities are probing the speed with which Ant Group Co.’s ill-fated listing was approved, according to people familiar with the matter.
PayPal’s ambition and uphill battle in China
PayPal has been quietly gearing up for its expansion in China. At the recent Boao Forum for Asia, China’s answer to Davos, the American payments giant said its strategy for China is not to challenge …
ICBC, Bank of China get regulator’s nod to provide financing to US$13.6 billion state-backed green fund
China’s US$13.6 billion National Green Development Fund takes a step closer towards deploying capital to fund climate-friendly projects.
China labels India, Australia, Japan supply chain plan as ‘artificial’ and ‘unfavourable’ to global economy
Australia, India and Japan formally launched the Supply Chain Resilience Initiative (SCRI) on Tuesday after the plan was first discussed informally in July at the height of the coronavirus pandemic.
Starbucks faces more competition from local beverage brands in China, its biggest market outside the U.S.
Starbucks said quarterly same-store sales growth of 91% in China — up from a contraction last year — missed expectations. Less than four months into 2021, Beijing-based business data company …
Philippines Tells China to Mind Its Own Business Over Maritime Drills
China has no business telling the Philippines what it can or cannot do within its waters, Manila’s defence ministry said on Wednesday, rejecting Beijing’s opposition to its ongoing coastguard …
China Regulating Tech Won’t Choke 10 Trillion Yuan Business
The Chinese government’s scrutiny of internet companies should be positive for online commerce — and consumption more broadly — over the longer term. Curbing monopolies now may be painful for the …
China’s Huawei says sales down 16.5% amid US sanctions
Embattled Chinese tech giant Huawei says its revenue fell in the first quarter of 2021 after it sold its lower-priced Honor smartphone brand but profitability improved …
China asks Philippines to stop activities, exercises in West Philippine Sea
China reasserted its claim of sovereignty over islets and land features in the West Philippine Sea and asked Manila to stop its activities in the resource-rich waters. “China enjoys sovereignty over …