Yum China Profit Plunged 89% In 4th Qtr As Covid Wave Hurt Spending

A Pizza Hut and a KFC restaurant operated by Yum China in Shanghai last year. Photographer: Qilai … [+] Shen/Bloomberg © 2021 Bloomberg Finance LP Widespread Covid outbreaks in mainland China in...

Markets Look Forward As Beijing & Guangzhou Are Past COVID Peak

China Last Night KraneShares Key News Asian equities were largely higher to start 2023 except for Japan, which took another day off today. Both Hong Kong and China opened lower with the Hang Seng down...

China Will End Quarantine For International Arrivals Starting Jan. 8

Mandatory Covid tests and quarantine have been a fixture for international arrivals in China during … [+] the pandemic. (Photo by Yin Liqin/China News Service via Getty Images) China News Servic...

Guangzhou Traffic & Metro Usage Confirms New Government COVID Policies, Week In Review

China Last Night KraneShares Week in Review US and Hong Kong-listed internet stocks outperformed this week on reopening speculation and earnings. Pinduoduo and Bilibili reported better-than-expected Q...

Americans In China Should Keep 14-Day Supply Of Necessities As Covid Restrictions Expand, U.S. Embassy Says

Covid-prevention workers guard the gate of a residential compound placed under lockdown in Beijing, … [+] China, on Friday, Nov. 25, 2022. China’s daily Covid infections broke through 40,0...

State Council Balances Zero Covid & The Economy As Guangzhou Takes Center Stage

China Last Night KraneShares Key News Asian equities were a sea of red, as Singapore and Malaysia managed small gains. The onshore versus offshore dynamic played out again overnight as offshore China,...

Covid outbreak worsens in southern Chinese city of Guangzhou

Guangzhou city in the southern province of Guangdong is the hardest hit in the latest Covid outbreak. Pictured here are closed stores in part of the city on Oct. 31, 2022. Vcg | Visual China Group | G...

XPeng Chairman Buys Nearly $30 Mln Of Shares As China EV Maker Slides To Record Low

XPeng Chairman He Xiaopeng in 2021. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP He Xiaopeng, the billionaire founder and chairman of China electric vehicle maker XPeng, bought nearl...

Best hotels for business travelers in Asia-Pacific

Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...

China Introduces Digital Yuan Payments in Ningbo Subway, Guangzhou Buses – Bitcoin News

Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will b...

China Guangzhou Public Transport Launches Digital RMB Payment Function

China’s Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides. Passengers can now use the digital yuan (e-CNY) CBDC to pay for public tran...

Guangzhou closes schools, Shanghai record cases

All 11 districts of Guangzhou city began another round of mass Covid testing late last week, while elementary and middle schools shifted to online learning as of Monday. Costfoto | Future Publishing |...

Shanghai Eases Restrictions, Non-Essential Travel Banned In Guangzhou As China’s Covid Surge Intensifies

Topline The Chinese port city of Guangzhou banned non-essential travel while Shanghai, the country’s financial hub, is easing lockdown but continues to report a large number of new Covid-19 cases as C...

China Real Estate Developer Guangzhou R&F Sees “Not Less Than” $1.2 Billion Loss In 2021

A cement tower with a Chinese corporate logo next to the residential and leisure complex being … [+] developed by Guangzhou R&F Properties Co. and constructed by Multiplex, at Nine Elms in L...

China Eastern Airlines Boeing 737 crashes, 132 people on board

China’s aviation authority has confirmed that a China Eastern Airlines Boeing 737 passenger plane has crashed, with 132 people on board, including 123 passengers and 9 crew members. Contact was ...

Guangzhou Authorities Launch Crack Down On Mining Operations

Authorities in the Guangdong province in the People’s Republic of China have seized 190 cryptocurrency mining computers and shut the operation down. The Guangzhou Development and Reform Commission cra...