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CITIC Ltd is selling its 19.23% stake in Fast Food Holdings, which manages McDonald’s in China and Hong Kong, to Trustar Fast Food for $430.3 million....
African nations can enhance their benefits from partnerships with China, the world’s second-strongest economy, by strategically leveraging trade, investment, and cooperation initiatives for sustainable development and...
Dan Ives of Wedbush Securities highlights strong demand for Apple’s iPhone 16, predicting it will drive significant growth and consumer interest, reinforcing Apple’s competitive position in...
McKinsey plans to cut about 500 jobs in China, reducing its workforce by a third as part of a strategic revamp focused on minimizing security risks...
The fall of Bangladeshi Prime Minister Sheikh Hasina is detrimental to India, as her regime fostered strong ties. China may gain influence but faces significant challenges...
China plans to deepen its relationship with Africa, pledging $51 billion in loans and investments, aiming for increased diplomatic ties, economic growth, and expanded influence amidst...
In the first eight months of 2024, China’s overseas direct investment (ODI) reached RMB 789.45 billion, a 12.5% annual increase. China’s ODI covers 189 countries, with...
Chinese EV startup Xpeng aims to compete with Tesla in China, developing autonomous driving tech while facing tariffs blocking US entry, and preparing for tough competition...
