Fast-food company Yum China YUMCwill be announcing earnings results this Wednesday morning. Here’s what to look for. Yum China beat analysts’ revenue expectations last quarter, reporting revenues of $2.82 billion, up 8.8% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ revenue estimates and a solid beat

April 28, 2026 BEIJING – In 1929, a young Chinese student named Xi Fuquan stood before a doctoral examination committee at the Technical University of Berlin, Germany. When they granted him his Doctor of Engineering degree, he became one of the earliest Chinese architects to earn a German doctorate. For his research, Xi studied three

Washington, April 28 (SocialNews.XYZ) Bipartisan legislation introduced in the US Senate seeks to tighten enforcement of domestic sourcing rules in federally funded infrastructure projects, with lawmakers arguing that American taxpayer money is still supporting foreign manufacturers, including strategic competitors like China. Senators Tammy Baldwin and Jim Banks on April 27 unveiled the Build America, Buy

China orders reversal of Meta’s $2 billion Manus deal China has blocked Meta Platforms Inc.’s acquisition of Singapore-based AI-agent startup Manus, ordering the parties to unwind the deal after a foreign investment review. The deal, which Meta completed in late December and which Caixin learned was valued at around $2 billion, first drew official regulatory

Photo from Italian justice sources of Xu Zewei under arrest. HOUSTON – For more than four years, Xu Zewei moved freely through China’s technology sector, beyond the reach of American justice. A 34-year-old Chinese national based in Shanghai, he had spent the height of the pandemic breaking into American universities, stealing the email accounts of

Chinese regulators block Meta Platforms’ planned $2b acquisition of AI startup Manus AI. The decision forces Meta to unwind the deal, affecting its cross border AI expansion plans. The move reflects rising scrutiny on AI talent and intellectual property in US China relations. Meta Platforms (NasdaqGS:META), trading at $678.42, faces this setback after multi year

Global markets and technology sectors saw significant developments on Monday, as OpenAI and Microsoft reworked their partnership to allow broader cloud distribution, China moved to block Meta Platforms’ planned acquisition of Manus, US officials weighed Iran’s latest proposal amid ongoing tensions, and oil prices surged on supply concerns linked to disruptions in the Strait of

China’s order for Meta Platforms to unwind its $2 billion acquisition of artificial intelligence startup Manus is less about a single deal and more about a broader tension shaping the country’s tech strategy: how to build global champions without losing control. The episode highlights a recurring dilemma for Beijing. While policymakers want domestic firms to

China has launched its 2026 May Day Culture and Tourism Consumption Week to boost travel and spending during the holiday. With thousands of events, subsidies, and industry participation, the initiative highlights how May Day has evolved from a labor holiday into a key driver of domestic tourism and economic growth. As millions of travelers prepare

On the eve of U.S. President Donald Trump’s visit to China, the UK’s Financial Times revealed on Thursday, April 23 that the White House is accusing China of stealing American artificial intelligence (AI) technology on an “industrial scale” and is warning that it will intensify crackdowns to curb such activities. According to the report, Michael

China has completed a deep modernization of a Soviet-designed Project 956E destroyer, replacing nearly all original Russian weapons and systems with domestically produced alternatives. We bring you stories from the ground. Your support keeps our team in the field. DONATE NOW According to Defense Express on April 27, the upgraded vessel—identified as the destroyer Hangzhou—was publicly displayed during events marking the