Tag: Investing
Written by Linda D. MohlerDecember 15, 2021
Starbucks Outlets in Eight China Cities Inspected for Food Safety | Investing News
Food & Cooking News Article
SHANGHAI (Reuters) -Market regulators in eight Chinese cities said they had carried out inspections of Starbucks shops after the U.S. coffee chain said it found food safety issues at two outlets in the eastern Chinese city of Wuxi. The checks followed a local newspaper report on Monday that the two outlets in Wuxi had used
Written by Linda D. MohlerOctober 8, 2021
Chinese Delivery Giant Meituan Handed $527 Million Antitrust Fine | Investing News
Food & Cooking News Article
BEIJING (Reuters) -China’s antitrust regulator has fined food delivery giant Meituan 3.4 billion yuan ($527.4 million) for abusing its dominant market position, the watchdog said on Friday, the latest penalty in Beijing’s clampdown on online platforms. The fine equates to 3% of the company’s domestic sales in 2020, the regulator said, adding that Meituan should
Written by Linda D. MohlerAugust 11, 2021
How Can Investors Navigate China Stocks After the Regulatory Crackdown? | Investing Advice
Food & Cooking News Article
China’s fast-paced economic growth is a boon to investors, but recent regulation on China stocks listed on U.S. exchanges may have some investors running for the exits. RELATED CONTENT In particular, there’s scrutiny on leading technology companies, which has affected investors via falling stock prices and botched initial public offerings. But savvy investors shouldn’t flee