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Weibo: Qihoo, The9 At Play; Lenovo Defends McDonald’s
Qihoo, The9 get chummy in Shanghai Top executives from software security maker Qihoo 360 (NYSE: QIHU) and struggling game operator The9 (Nasdaq: NCTY) were getting chummy in the blogosphere last week,...
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New Criminal Actions Against VW, US Meat Supplier
6 Husi workers arrested in tainted meat scandal Most of the recent flood of probes against foreign firms have been of the civil variety, resulting in stiff fines for anti-competitive behavior but few...
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Shanghai Street View: Media Malaise
21cbh.com busted for extortion A few weeks ago I praised Shanghai’s laggard media for uncovering one of the biggest stories of the year, so it seems fitting that this week I take another look at our...
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Lenovo Moves In On Motorola, Husi Moves Out Of Offices
Lenovo workers move into Motorola Beijing HQ Two news bits involving employee movements are casting a spotlight on major stories that have rippled through the Chinese corporate headlines over these...
View ArticleNews Digest: October 9, 2014
The following press releases and media reports about Chinese companies were carried on October 9. To view a full article or story, click on the link next to the headline....
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Morton, McDonald’s Taste Sweet And Sour In China
Morton Salt salivates at China market Two new headlines are casting a spotlight on the very different tastes that China can hold for foreign food firms, including the sweetness they often feel on...
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CONSUMER: Meat Scandal Freezes Out OSI, Tyson
Bottom line: Foreign-owned meat companies could lose their premium image over Chinese rivals after a Shanghai-based scandal over the summer, as foreign firms remain vulnerable to high scrutiny. Tyson...
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RETAIL: KFC Coffee Plan Takes Upscale Shot At McDonald’s
Bottom line: KFC’s plan to roll-out a low-cost premium coffee product looks like part of its broader plan to move its restaurants upscale, and could help it regain some momentum it has lost in China...
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Shanghai Street View: Flavor Feast
Goubuli ties with Gloria Jean’s coffee A few food-related items, 2 in the news and one in my personal life, made me realize once more just how far China’s eating scene has advanced in the last 2...
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RETAIL: KFC Owner Sows Upscale Seeds In Search Of China Rebirth
Bottom line: Yum’s new upscale Italian restaurant looks like a smart concept for the China market, but a broader campaign to move its Chinese KFC stores upmarket looks like too little too late. Yum...
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RETAIL: New China Stories For KFC In Spin-Off, McDonald’s In Franchising
Bottom line: A potential future spin-off of Yum’s China operations looks like a good move that would give the new company more focus, while McDonald’s China franchising drive also looks good if it can...
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RETAIL: KFC Sues Rumor Mongers, Coffee Shows Stress Signs
Bottom line: Caffebene could become the first big victim of an unsustainable Chinese coffee explosion, while KFC’s new lawsuit against rumor mongers reflects one of the many challenges it will face as...
View ArticleNews Digest: July 1, 2015
The following press releases and media reports about Chinese companies were carried on July 1. To view a full article or story, click on the link next to the headline....
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RETAIL: McDonald’s, KFC Go High-Tech in China With Customization, E-Payments
Bottom line: KFC’s and McDonald’s latest moves to add high-tech elements to their China stores are a savvy way to update their images, and could help to attract a younger trendy crowd that has...
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FINANCE: Alibaba’s Ant In Offline Challenge to UnionPay, Visa
Bottom line: Alibaba-affiliated Ant Financial is experiencing breakneck growth through its roll-out of a wide array of new products and services, and could be valued at up to $150 billion by the time...
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RETAIL: KFC, Mondelez Suffer From China Slowdown
Bottom line: Retailers like Yum and Mondelez are increasingly suffering from weak China sales due to a local slowing economy, and are unlikely to return to rapid growth of previous years over the...
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INTERNET: Baidu’s O2O Blitz Finds Friend in Noodle Chain
Bottom line: Baidu’s tie-up with a major Japanese noodle chain looks like a smart move to build up its fledgling takeout dining business, though it will need to do more to win back investors concerned...
View ArticleNews Digest: August 14, 2015
The following press releases and media reports about Chinese companies were carried on August 14. To view a full article or story, click on the link next to the headline....
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RETAIL: KFC Gets New China Head, Investors Eye Spin-Off
Bottom line: Yum’s new leadership change marks the start of a new period of sustained same-store sales growth for KFC in China, which could include a spin-off of the company’s China business over the...
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FINANCE: Alipay Checks In to HK with Marriott Tie-up
Bottom line: Alipay’s move into Hong Kong through a tie-up with Marriott marks the start of a major global expansion for the online payment service, with Hong Kong the likely first stop due to its...
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