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China Hits Dozens of U.S. Companies With Trade Controls

2 January 2025 at 19:42
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.

© Patrick T. Fallon/Agence France-Presse — Getty Images

Boeing was one of the U.S. companies sanctioned by China on Thursday.

Starbucks’ China Problem: Coffee Drinkers Want More for Less

For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

12 November 2024 at 18:04
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.
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