Russell Flannery Forbes Staff

8 Posts

Ajisen Joins Yum China With Weak Results Amid Lockdowns

Ajisen (China), a large China restaurant chain that specializes in Japanese-style noodles, has joined a food and beverage industry flock posting weak financial results...

Asia-Pacific Hotel Investments Rebound To Pre-Pandemic Levels; China Slide Holds Back Bigger Gains

Hotel investments in the Asia-Pacific rebounded from pandemic lows in the first half of 2022, helped in part by purchases of inns...

Covid-Hit Shanghai To Allow Gradual Reopening Of Malls And Markets, Xinhua Says

Shanghai will gradually allow shopping malls, vegetable markets and hair salons to reopen starting tomorrow after weeks of closure to ward off Covid-19, state-run...

China SUV Leader Great Wall Motor Reports 41% Plunge In April Sales Amid Lockdowns

April sales at Great Wall Motor, China’s top homegrown SUV maker, plunged by 41% from a year earlier in April as Covid-related lockdowns in...

China’s Trip.com Posts $131 Mln Loss In 4th Quarter As Pandemic Drags On

Trip.com, China’s top travel booking site, lost $131 million in the last three months of 2021 compared with a profit of $159 million a...

Club Med Owner Fosun Tourism Says First-Half Loss More Than Doubled To $308 Million

Fosun Tourism Group, the tourism arm of Shanghai billionaire Guo Guangchang’s investment firm Fosun International, lost 2 billion yuan, or $308 million, in the...

High-Profile China Communist Memorial Gets A Boost From American Landscape Architect

China these days is prouder of its accomplishments – such as this year’s Mars landing and new space station — than at any...

Trip.com Gains After Reversing COVID-19 Loss Amid China Economic Recovery

Shares in Trip.com Group, China’s largest on-line travel service, ended last week higher after company said first-quarter earnings reversed to a profit after a...

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