A view of Nestle’s exhibition stand at the seventh China International Import Expo in Shanghai in November. CHINA DAILY Global food and drink company Nestle has acquired the remaining 40 percent stake in Chinese confectionery company Hsu Fu Chi from the founding Hsu family, giving it full ownership of the brand as part of efforts…
As the world grapples with rising unilateralism and protectionism, China said multilateralism is the inevitable solution to the challenges facing the world and the country’s door to the outside world will only open wider. It has also been reiterated that China’s policies to attract foreign investment have not changed and will not change. Speaking at…
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Microsoft Corp, on Monday, denied rumors that the company plans to cease operations in China. A spokesperson said in a statement to China Daily that reports claiming that the company will stop operating in China are untrue, adding that all inquiries regarding the business and operations of Wicresoft should be directed to them. Wicresoft was…
People take photos with blooming flowers in Chaoyang district of Beijing on April 5, 2025. [Photo/Xinhua] China’s consumption boomed during Qingming Festival, also known as Tomb-Sweeping Day, running from Friday to Sunday, the Beijing Daily reported on Monday. The Qingming Festival holiday is expected to bring about 790 million cross-regional trips in China, an increase…
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label”).text(“Enter search term”); } }); ]]> Search by keyword Enter search term Search = 768 ? true : false; /* Set the width of the sidebar to 250px and the left margin of the page content to 250px */ function openNav() { if(screen.width >= 768){ $(“#facets”).css(“width”, “30%”); $(“#search-results-container”).css(“width”, “69.9%”); $(“#search-results-container”).css(“padding-left”, “3%”); } else { $(“#facets”).css(“width”,…
Investors gather at a counter of the Shanghai Stock Exchange in Shanghai. [Photo provided to China Daily] Chinese stocks ended lower Monday, with the benchmark Shanghai Composite Index down 7.34 percent, at 3,096.58 points. The Shenzhen Component Index closed 9.66 percent lower at 9,364.50 points. The ChiNext Index, China’s NASDAQ-style board of growth enterprises, fell…