McDonald’s in Japan issues apology for banning homeless people
US-based fast food giant McDonald's in Tokyo, on November 1, 2013 apologized after it was discovered that one of its outlets posted a notice...
Russia looking to increase coal exports to China
The coal industry in Russia is currently facing a decrease in domestic demand and the country is hoping to increase exports to China. At...
Airfreight industry in China faces difficult times
The airfreight industry in China has been dealing with difficult times ever since the global financial crisis began in 2008, however, during the first...
CVC looking to buy stake in Chinese restaurant chain
Talks are underway between London-based CVC and South Beauty Investment Co. Ltd and the UK company is looking to buy a major holding in...
China Southern to use 787 Dreamliners for New Zealand flights
Boeing’s first commercial 787 Dreamliner to fly to New Zealand made a safe landing at Auckland International Airport on October 28, 2013. From now...
China-based fast food companies dominate over McDonald’s
US-based fast food giant McDonald's has a huge market in China, but the country is gearing up to offer its own fast food chains,...
Pharmacies in China start selling baby formula
In order to deal with poor sales, five pharmacies in Beijing have on October 26, 2013 introduced vending machines which are equipped with tracking systems...
Starbucks in China accused of overpricing
US-based international coffee company Starbucks has been accused of overpricing by the media in China in the last couple of days. The popular cafe...
Coca-Cola launches new plant in China
Beverage manufacturing giant Coca-Cola has on October 24, 2013 launched its 43rd plant in Shijiazhuang in Hebei Province. The new plant has been launched...
Volkswagen launches new XL hybrid car in Beijing
Auto giant Volkswagen has launched the first 1-liter vehicle in the world - XL 1 hybrid car - for the Beijing market. The company...
