British Prime Minister Boris Johnson has promised Hongkongers “one of the biggest changes in our visa system in British history” if Beijing pushes through the national security law, he wrote in an op-ed published on Wednesday, reported the South China Morning Post. In his first direct message to the former British colony amid the recent political furor, Johnson […]
Category: Brief
Yum China Holdings said on Monday that it will introduce Beyond Meat’s plant-based burgers at its fast-food restaurants in mainland China starting from June 3, reported the South China Morning Post. Beyond Burgers will be introduced as a limited-time offering at select KFC, Pizza Hut and Taco Bell locations in mainland China, said Yum China in […]
Credit Suisse has taken a majority stake in its Chinese securities joint venture, granting it control for the first time over its business with the troubled Founder Group conglomerate, reported the Financial Times. Credit Suisse said on Monday that it had increased its shareholding in Credit Suisse Founder Securities from 33.3% to 51%, after receiving […]
China plans to make fossil fuel projects ineligible for financing via green bonds, as Beijing tightens up standards for such investment to follow international practices and push its domestic clean energy strategy forward, reported Caixin. Fossil fuel projects were missing from the latest draft list of projects eligible for green bond financing, which was jointly […]
A UK government review into the impact of new US sanctions on Huawei will report back within weeks, officials have said, as they warned the curbs could have “very, very serious” implications for the Chinese company’s planned role in supplying 5G networks in Britain, reported the Financial Times. The emergency review — which started just […]