Yum plans expansion after spinoff

The CEO of Yum China, which after its spinoff will begin trading on the New York Stock Exchange on Nov 1, is confident his company can triple the number of its restaurants on the mainland.

Bureau Veritas adds Gallic twist to local standards

Targeting record revenues from the Chinese market by the end of the year, Bureau Veritas - the Paris-headquartered international testing, inspection and certification agency - said it is aiming to help more Chinese companies reach export markets.

Alibaba says it wages war on fakes

Alibaba Group Holding Ltd said it has tightened policies against copyright infringements and made it easier for brands to issue complaints and request removal of counterfeit items on its platforms.

More robots for Tianjin industries

The annual output of the robotics industry in Tianjin is expected to be worth 12 billion yuan ($1.8 billion) by 2020, with the total number reaching 60,000 robots, according to the Tianjin Municipal Commission of Industry and Information Technology.

Bank of Shanghai IPO set to be big

The initial public offering of Bank of Shanghai Co Ltd is expected to become the largest one this year in China's A-share market, raising 10.7 billion yuan ($1.6 billion).

COSCO makes move to raise $1.79b capital

COSCO Shipping Development Co Ltd on Tuesday night announced a proposed nonpublic issuance of about 3.28 billion shares to specific investors, including its parent company, to raise up to 12 billion yuan ($1.79 billion).

Financial companies lead declines in Hong Kong stocks

Hong Kong stocks dropped for a third day, led by financial companies, amid concerns that a flood of inflows from the mainland will dry up, the yuan will weaken further and higher US interest rates will weigh on the city's property market.

Sweden's Volvo CE advances innovation

As the chief of a leading Swedish construction machinery maker with strong links to China, Volvo Construction Equipment President Martin Weissburg said continuous investments in innovation were continuing to pave the way for a sustainable construction industry.

Starbucks brings movie narrations to the blind

The voice of Zheng Tao is familiar to his visually impaired friends because the district manager at Starbucks Beijing has narrated films for them for six years.

P&G's Whisper promotes girlpower

Whisper, a feminine care brand owned by global household giant Procter & Gamble Co, is seeking to expand the influence of its LIKEAGIRL campaign by donating over 758,760 sanitary pads to 4,187 girls in China who were left-behind while their parents went to work in big cities.

IN BRIEF (Page 18)

Gezhouba bets big on green industries

China Gezhouba Group Co, a company that worked on the construction of the Three Gorges dam, is aiming at the waste management sector to continue its growth, as overcapacity caps most of its current businesses.