The KFC operator, Yum China Holdings, is focusing its store expansion efforts in China on smaller cities, as demand there has recovered from the pandemic faster than in the country’s major c... Read more
Scandal-plagued Luckin Coffee’s two founders, Lu Zhengyao and Qian Zhiya, have handed over shares in the Chinese chain to a group of lenders after a company controlled by Lu’s family de... Read more
China made little progress on gender relations in the past year, underscoring a decade-long trend that has seen other nations outpace the East Asian giant when it comes to improving the posi... Read more
Citigroup is pushing to be the first foreign bank to take full ownership of its securities business in China, as the US lender tries to leapfrog rivals and take advantage of an easing of rul... Read more
Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the US government and will strive to get the ban lifted, its general manage... Read more
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