Category: 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 ...)

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 ...)

[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 ...)

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 ...)

An Australian currency brokerage said three staff members in Shanghai, who were being held against their will by a group of investors that intruded into its offices last week, had been released and were now helping with a local police investigation. ( read original story ...)

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 ...)

Shanghai, the megacity that’s been the epitome of mainland ... in a sign that growing protectionism, rising costs and a tougher business environment are pushing global companies to look elsewhere. Contracted foreign funds, an indicator of future ... ( read original story ...)