Tag: china
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Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion
Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.
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Charging ahead: EVs outpace growth predictions
Electric cars are getting cheaper, more efficient and can travel farther than ever. China is driving the transition, but Europe and other countries are catching up fast.
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US military to build war-ready stockpile in Australia: Documents
The weapons hub will store combat-ready equipment and supplies to improve US military responsiveness across the Asia-Pacific.
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China’s dog meat trade back in spotlight after celebrity canine reportedly stolen and eaten
Consuming dog meat is not explicitly banned, but the country has introduced some regulatory changes in recent years.
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China, Myanmar pursue deeper ties as leaders hold talks in Beijing
Beijing held a state welcome ceremony at the Great Hall of the People on Tuesday morning before Chinese President Xi Jinping and Myanmar leader Min Aung Hlaing began their talks.
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China economy weakens further in May as retail sales post first drop in over three years
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, adding to signs the economic slump deepened.
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CNBC’s The China Connection newsletter: Waiting for AI to lift the whole market
China’s economy sees a lift from artificial intelligence-related industries, while real estate and domestic demand remain lackluster.
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G7
The G7, an informal grouping of seven of the world’s advanced economies, meets annually. Russia also took part from 1998 until 2014, before it was excluded for its annexation of the Crimean Peninsula.
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Athens classics summit targets modern crises with ancient philosophy
The Second World Conference of Classics in Athens has concluded with the adoption of a joint declaration, establishing a structured framework to apply Greco-Roman and Chinese philosophical traditions to contemporary geopolitical and technological crises. #Focus
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Domestic tourism is booming in China, posing new challenges
Zhangye’s Rainbow Mountains now attract millions of people as a UNESCO World Heritage Site. Despite China’s economic slowdown, domestic tourism is rising — but travelers are spending less.
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