Monday March 18, 2024 | Last Update: March 18, 2024 EDT
Hong Kong court orders China Evergrande's liquidation amid financial crisis, affecting markets and highlighting $300 billion debt.
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McDonald's Corporation Acquisition boosts its stake in China, Hong Kong, and Macau, enhancing its strategic partnership.
Ford Motor Co. is investing about 11.4 billion yuan or about $1.8 billion over the next five years on research and development for smart cars that is aimed to attract Chinese buyers, according to a report from The Wall Street Journal. The automaker is looking to increase its sales in the second largest economy in the world with its investment.
Wal-Mart Stores, Inc. is seeking for price cuts from suppliers who produce goods in China, people familiar with the matter told Reuters.
Uber has announced in a news release that it has launched its carpooling service uberCOMMUTE in Chengdu, China.
Dell, Inc. will be investing $125 billion in China over the next five years, as the company continues to expand its business in the second largest economy in the world, according to a report from Bloomberg.
Chinese-ride sharing service Didi Kuaidi, which competes with Uber Technologies Inc., is set to raise $3 billion from investors lured by the promising company.
China's Dalian Wanda Group said on Thursday it will buy the company that owns the triathlon brand Ironman for $650 million due to its potential to lure participants in the country.
Japan's Panasonic Corp said on Thursday it will close a lithium-ion battery factory in Beijing and axe 1,300 jobs there as demand for the product slides, competition increases and with better opportunities available in electronic car batteries.
U.S. aircraft maker Boeing Co. remains confident about its business prospects in China, raising demand projections for the country even as its economy cools down and its stock market slumps.
Apple Inc. Chief Executive Tim Cook gave a rare mid-quarter update on its business performance in China saying sales there strongly grew in July and August to assure investors that the company has not been affected by the slowing economy there.
Markets across the world swooned on Monday after the sharp fall of China's stock market combined with the slide of the U.S. dollar spooked investors across the globe to selling their holdings.
Airbnb has announced in their blog that they will be expanding in China with the help of two strategic partners, China Broadband Capital and Sequoia Capital China.
Fastfood chain operator Yum Brands Inc. has named a new chief executive for its China operations, where it receives half its sales despite challenges from food-safety issues and changing consumer preference.
Foreign companies around the Tianjin port damaged by a massive blast last week are holding off restarting their operations as officials continue to investigate the cause of the explosions.
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