The American Chamber of Commerce in Shanghai said in its annual China Business Report published on July 12 that the Chinese government needed to halt policies and regulations that favor domestic firms over foreign businesses. The lobby group complained of ... ( read original story ...)
Starbucks to acquire remaining shares of East China JV; operate all Starbucks in Mainland China
“Unifying the Starbucks business under a full company-operated structure in ... East China is a significant and strategic region for Starbucks in China, with Shanghai containing nearly 600 stores, the largest number of stores globally of any city where ... ( read original story ...)
China Eastern Buys 10 Percent Air France KLM Stake
Air France KLM said in a statement that the alliance would give it a European leadership position in Shanghai, the main business travel market in China. Delta Air Lines, which holds a 3.2 percent stake in China Eastern is also buying a 10 percent stake in ... ( read original story ...)
Asian shares slide as Wall St tech swoon weighs on sentiment
Hong Kong's Hang Seng lost 0.7 percent to 26,955.25 while the Shanghai Composite index in mainland China was practically unchanged at 3,250.87. Australia's S&P/ASX 200 tumbled 1.5 percent to 5,697.10. Benchmarks in Southeast Asia were mixed. EARNINGS ... ( read original story ...)
Folding tablet featured at a tech event in China
The folding tablet dubbed “Lenovo Folio” was showcased at the recently concluded Lenovo Tech World 2017 in Shanghai, China, according to Business Insider. The device, which features a 1,920 x 1,440 resolution and 7.8-inch display, folds in half to the ... ( read original story ...)
China Eastern Airlines to acquire 10% of Air France-KLM
The deal will "give Air France-KLM a European leadership position on Shanghai, the main business market in China," the European carrier said. On Thursday, Air France-KLM said it would also acquire a 31 percent stake in Virgin Atlantic for around 220 ... ( read original story ...)
Campers on Bund leave trash behind
Security patrols have been stepped up along Shanghai's scenic Bund area to stop people from camping there, as tourists and residents seek cooler places to escape the ongoing heat wave.[Ren Guoqiang/For China Daily] Security patrols have been stepped up ... ( read original story ...)