The financial report, the first under Johnson’s guidance ... Johnson told Reuters that the cash deal in China, which will give it ownership of about 1,300 stores in Shanghai and Jiangsu and Zhejiang provinces, is part of the company’s “long game ... ( read original story ...)
China’s money rates rise on month-end seasonal factors
SHANGHAI, July 28 (Reuters ... but kept overall conditions steady because stability and deleveraging in the financial markets were top priorities this year. Larry Hu, head of China economics at Macquarie Securities in Hong Kong, expected liquidity ... ( read original story ...)
China Eastern buying 10 percent Air France KLM stake as part of airline JVs’ rejig
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. ( read original story ...)
Sopexa appoints new director for Chinese mainland and Hong Kong
Missoffe, based in Shanghai, will be responsible for sales management and business development for the agency and its four offices in the area, located in Beijing, Shanghai, Guangzhou and Hong Kong. Missoffe has been living in China for seven years. ( read original story ...)
Value of U.S. deals in China sinks on rising trade tensions
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 ...)