Starbucks said on Monday it would sell control of its China operations to investment firm Boyu Capital in a deal valued at $4 ...
The coffee giant entered China more than a quarter of a century ago but has faced tough competition in recent years.
Starbucks saw its market share in China, home to over a fifth of its cafes, fall sharply to 14 per cent last year from 34 per ...
Under the agreement, Boyu will acquire a 60% interest in Starbucks’ retail operations in China, which is valued at $4 billion ...
In 2017, McDonald's sold a majority stake in its China and Hong Kong business to state-backed conglomerate CITIC Ltd and ...
C ritics of China’s economy often complain that its investment is excessive and its official statistics flatter its performance. But recent monthly figures have flipped the script. Investment in ...
Starbucks has agreed to sell a controlling stake in its China business to private-equity firm Boyu Capital, bringing on an ...
But what exactly is this prize for which China must strive? TFP is best defined by what it is not. Some economic growth comes ...
In diplomacy, even short words matter. And with a brief Truth Social post, President Donald Trump may have revealed his ...
The institutional opening-up of China's capital market will gain pace during the 15th Five-Year Plan period (2026-30), with ...
"No Trump!" the rally of hundreds shouted, growing louder as it neared the United States embassy in the centre of South Korea ...