Starbucks views East China as a "significant and strategic region", with Shanghai containing almost 600 stores. The coffee chain said on Thursday it would buy out its joint venture partners in that business, shelling out $1.3 billion for the 50% it doesn't ... ( read original story ...)
Starbucks to buy remaining stake in East China JV for US$1.3 billion
REUTERS: Coffee chain Starbucks Corp said on Thursday it would buy the remaining 50 percent share of its East China business from its joint venture ... Starbucks ownership of about 1,300 stores in Shanghai and Jiangsu and Zhejiang provinces, and aligns ... ( read original story ...)
Guess who thinks China’s stock market can’t match Indian equities 2017 performance
While Sensex and Nifty have risen by 21%-22% each so far in 2017, with the NSE Nifty 50 breaching the 10,000-mark this week, the Chinese benchmark Shanghai Composite Index has grown at a mere 4.64% so far in this year. Don't Miss ( read original story ...)
Greenland pens deal with Provectus Care to build aged care facilities in China
The intensely private Mr Moran talked exclusively to The Australian Financial Review Magazine ... Greenland HK is owned by Shanghai-listed CNY94.3 billion ($17.68 billion) Greenland Holdings, which has hotel and other property investments around the ... ( read original story ...)
Pompidou Centre To Open Satellite Gallery In Shanghai
Centre Pompidou Shanghai will show around 20 exhibitions over five years in a wing of the new West Bund Art Museum, in the cultural district of China’s vast commercial capital. The Museum was designed by the British architect David Chipperfield The ... ( read original story ...)
New TV show aims to unite Shanghai’s ‘new social class’
A talk show will showcase Shanghai's emerging "new social class" and their take on social issues. "Shanghai New Force," which will be aired on Oriental Financial Pudong Channel on Saturdays at 9 pm, is a talk show format program featuring experts from the ... ( read original story ...)
350 km/h :China tests maximum speed of Beijing-Shanghai bullet train
China began testing its new high-speed bullet train, Fuxing, on Thursday which is set to run between Beijing and Shanghai at speeds of up to 350 kilometers per hour. Connecting the Chinese capital with its major financial and trade hub, the Beijing ... ( read original story ...)