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United States

Pei Li

Tencent wins key approval to sell Nintendo's Switch in China

Apr 18 2019

BEIJING/TOKYO China's Tencent has won a key approval to start selling the Nintendo Switch in the country, paving the way for the console to enter the world's largest video games market two years after it was first released worldwide.

China's Luckin Coffee raises $150 mln from BlackRock, others

Apr 17 2019

BEIJING, April 18 China's Luckin Coffee, a self-declared challenger to Starbucks Corp, has raised $150 million in its latest round of funding from investors including BlackRock Inc, which values the company at $2.9 billion.

China liquor maker Moutai posts 30 pct rise in 2018 net profit on solid demand

Mar 28 2019

BEIJING, March 28 Chinese luxury liquor maker Kweichow Moutai Co posted a 30 percent rise in its 2018 profit thanks to solid demand for the country's most reputable premium spirit.

China tech firms, seeking passion and energy, promote younger staff

Mar 25 2019

HONG KONG/BEIJING Chinese tech giants are in the hunt for young, energetic staff to take the place, in some cases, of veteran managers.

Foreign brands escape China's glare at annual consumer day gala

Mar 15 2019

BEIJING/SHANGHAI China on Friday accused a raft of local firms, from snack makers to a financial tech firm applying for a U.S. listing, of fooling and harassing consumers in an annual event that for the first time in years did not name and shame any foreign or well-known local brands.

China prepares to skewer brands in annual consumer day gala

Mar 15 2019

BEIJING/SHANGHAI China is gearing up to skewer companies it accuses of treating consumers badly in a yearly event that has previously named and shamed firms from Apple to Nike Inc.

China prepares to skewer brands in annual consumer day gala

Mar 15 2019

BEIJING/SHANGHAI, March 15 China is gearing up to skewer companies it accuses of treating consumers badly in a yearly event that has previously named and shamed firms from Apple to Nike Inc.

Hit or miss: Oscar for Alibaba's 'Green Book' no guarantee for China success

Feb 28 2019

BEIJING/SHANGHAI The big upset at the 2019 Oscars by "Green Book" was a victory for its Chinese investor Alibaba Pictures, but there is no guarantee the best-picture winner will be a hit when it opens this week in China where viewers prefer blockbusters.

Chinese firm behind the 'Amazon Coat' hits jackpot in U.S., eschews China

Feb 26 2019

JIAXING, China/NEW YORK When Kevin Chiu left his job in 2012 to try his luck at starting an online apparel business in a rural Chinese city, his main goal was to carve out more time to spend with his wife and newborn child. | Video

RPT-Chinese firm behind the 'Amazon Coat' hits jackpot in U.S., eschews China

Feb 25 2019

JIAXING, China/NEW YORK, Feb 25 When Kevin Chiu left his job in 2012 to try his luck at starting an online apparel business in a rural Chinese city, his main goal was to carve out more time to spend with his wife and newborn child.

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