Starbucks buys its China business

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 ...)

Cooking up culinary treats in Shanghai bistro

[Photo by Gao Er'Qiang/China Daily] Anthony Chow and Joey Cheong might lack culinary training, but that did not stop them from carving out a successful restaurant business in Shanghai. They are the co-owners of Bites and Bottle-O, a cozy 20-seater eatery ... ( read original story ...)

Pet project turns into big business

In the series below, China Daily interviews a group of expatriates, who have set up their own businesses in Shanghai and Shenzhen. Franziska Gloeckner's business idea in Shanghai came after a near tragedy. In 2014, her golden retriever Kolya almost lost ... ( read original story ...)

Shanghai land sale sets stage for new homes

Two parcels of land in Shanghai allocated for the city's residential leasing scheme were sold to two State-owned companies today. The land is expected to provide space for at least 1,897 residential rental units, signaling the city's first step in its ... ( read original story ...)