Chinas
By Eduardo Baptista and Lisandra Paraguassu RIO DE JANEIRO (Reuters) – Chinese President Xi Jinping’s state visit to Brasilia on Wednesday caps a diplomatic blitz across South America that has shown Beijing’s growing clout in the region and at global forums where it filled a gap left by the U.S.…
China’s KFC and Pizza Hut CEO said that she sits and watches her customers eat.This is one way she gains important consumer behavior insights, she said at a Fortune conference.CEOs like Whole Foods’ Jason Buechel and LVMH’s Bernard Arnault also walk their shop floors.Joey Wat, the head of KFC and…
By Eduardo Baptista and Marco Aquino LIMA (Reuters) – Chinese President Xi Jinping will arrive in Lima on Thursday, kicking off a week-long diplomatic blitz in Latin America by inaugurating the massive Chancay deep-water port, one of Beijing’s most ambitious infrastructure investments in Latin America. Xi will participate in the…
China’s COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919.That might not get COMAC more C909 sales, but it markets the plane under a unified family name.It all fits into COMAC’s push to move into the international market with Boeing and…
By Gerry Doyle SINGAPORE (Reuters) – China’s much-anticipated J-35A stealth aircraft, centrepiece of this week’s Zhuhai air show, has been more than a decade in the making, but experts say little is known about its capabilities. The first public appearance of the land-based J-35A will take place on Tuesday, a…
China’s luxury slump is spreading to more consumer brands.Companies like Starbucks, Estée Lauder, and Nike have reported falling sales in the region.Consumer confidence continues to be weak, leading to an overall tightening of belts. For the better part of this year, China has experienced a slump in the most opulent…
By Chen Aizhu and Siyi Liu SINGAPORE (Reuters) – China faces a squeeze on supplies of cheap Iranian crude, which make up about 13% of imports by the world’s biggest buyer of oil, if Donald Trump ramps up enforcement of sanctions on Tehran after his return as U.S. president in…
By Summer Zhen and Jiaxing Li HONG KONG/SHANGHAI (Reuters) – and stock markets fell sharply on Wednesday as the prospect of another Donald Trump presidency and Republican control of U.S. Congress risked heightened tensions over trade and technology. By the time Chinese markets closed, Trump had claimed victory over Democrat…
By Casey Hall and Laurie Chen SHANGHAI/BEIJING (Reuters) – China is quietly easing regulatory pressure on private tutoring operators as it looks to revive a flagging economy, spurring a nascent revival of a sector hit hard by a government crackdown three years ago, according to industry figures, analysts and data…
By Mike Stone and Gerry Doyle WASHINGTON/SINGAPORE (Reuters) – Fearing China will deploy hypersonic weapons to sink ships in the Pacific, the U.S. Navy is moving forward with a plan to arm some of its vessels with Patriot interceptor missiles, two senior defense officials said. One industry official said putting…
