The Hengli Group, built by a husband and wife duo over three decades from a bankrupt textile mill into a Fortune Global 500 giant and one of China's largest private oil refiners, has been thrust into ...

On the Sunday after Thanksgiving 2024, six members of Party City’s product development and sourcing teams left New Jersey for their annual trip to mainland China to meet with the company’s suppliers, ...

Once hailed as a pioneer of smart-home technology, the company that brought robot vacuums into everyday households is now facing a harsh reality. iRobot, the maker of Roomba, has filed for Chapter 11 ...

BEIJING — China's struggling real estate developers won't be getting a major bailout, Chinese authorities have indicated, warning that those who "harm the interests of the masses" will be punished.

GAC Fiat Chrysler Automobiles, the joint venture between Stellantis and China's Guangzhou Automobile Group, has been declared bankrupt, marking the formal end of a once-promising partnership that ...

Does luxury have a potential problem in China? Maybe. Global governments and economists expect a global recession in the months ahead, and not even China would be immune. Online luxury retailer ...

An upcoming book Apple in China promises to tell the story of how a seemingly smart idea back in 1996 now leaves the company hostage to the whims of an authoritarian regime. Subtitled “the capture of ...

SHANGHAI, March 30 (Reuters) - China's State Power Investment Corp said Westinghouse's bankruptcy filing would not have a "substantial impact" on the country's nuclear plans and the two sides would ...