China’s third-largest bike sharing company closes amid financial troubleChina’s third-largest bike sharing company closes amid financial troubleBluegogo, China’s third-largest bike sharing company, has reportedly run into financial trouble with unpaid wages and users struggling to get deposits refunded, which analysts say marks a turning point in the country’s aggressively expanding bike sharing industry.

Is sale of China franchise a right move for McDonald's?Is sale of China franchise a right move for McDonald's?Getting local strategic investors involved in business development appears to have become a tactic of transnational fast food chains stru…

Airbnb looks to further penetrate burgeoning Chinese marketAirbnb looks to further penetrate burgeoning Chinese marketAfter years of low-key operations in China, US home-rental company Airbnb recently announced the official entry into the world's most pop…

China's Midea completes takeover bid for German robot makerChina's Midea completes takeover bid for German robot makerChinese home appliance maker Midea Group announced Friday it has secured approval for its bid to take over German robotics firm Kuka and …

Google wooing Chinese developers in push to re-enter ChinaGoogle wooing Chinese developers in push to re-enter ChinaUS technology giant Google is ingratiating itself with the Chinese developers in a way that could be used to seek an opportunity to retur…

Medtronic being fined by Chinese regulators tolls the bellMedtronic being fined by Chinese regulators tolls the bellThe Shanghai branch of US-listed medical equipment maker Medtronic was recently handed a fine of 118.5 million yuan ($17 million) for mon…

Luxury cars hit by surtaxLuxury cars hit by surtaxChina is levying an additional consumption tax on super luxury cars to curb lavish spending as well as automotive emissions. But analysts…



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