The USS Gravely, a US Navy warship, departs the Port of Port of Spain on October 30, 2025. AFP via Getty Images US shipbuilding is in trouble. China builds 200 merchant ships a year for every one ...

China is advancing work on a new aircraft carrier, likely its first with nuclear propulsion, a new report by The War Zone analyzing recent imagery suggested. Nuclear propulsion lets a carrier stay at ...

China is making it harder for some state-owned companies to borrow overseas, expanding a campaign to rein in local government debt risks, according to people familiar with the matter. The National ...

What just happened? China's push for companies to use home-grown AI chips has taken a surprising turn. According to reports, Beijing now mandates that any new data center projects that receive ...

Boyu Capital to hold up to 60% interest in joint venture Starbucks' market share in China has fallen to 14% from 34% Competitors like Luckin offer lattes at a third of Starbucks prices Nov 4 (Reuters) ...

A Starbucks Corp. store in Shanghai, China. Starbucks has agreed to sell an up to 60% slice in its China business to Chinese investment firm Boyu Capital in a deal that values the operation at $4 ...

Starbucks is selling a majority stake of its business in China for $4 billion to Hong Kong-headquartered Boyu Capital. As part of the deal, Boyu will take a 60% stake in Starbucks’ retail operations ...

Starbucks has agreed to sell a controlling stake in its China retail operations to Boyu Capital, a Hong Kong-based investment firm, in a deal valuing the business at about US$4 billion. Boyu will hold ...

Starbucks (SBUX) is forming a joint venture with Hong Kong-based Boyu Capital for its China business with Boyu gaining a 60% interest in Starbucks’ (SBUX) China retail operations. Starbucks (SBUX) ...

Starbucks said on Monday it would sell control of its China operations to investment firm Boyu Capital in a deal valued at $4 billion, in one of the most valuable divestments of a China unit by a ...

In this conversation, the FT’s John Thornhill and MIT Technology Review’s Caiwei Chen consider the battle between Silicon Valley and Beijing for technological supremacy. The State of AI is a ...

Starbucks has sold control of its China business in a new joint venture partnership with Boyu Capital, in which the investment firm will hold a 60% controlling interest, and Starbucks corporate will ...