KFC donates to fund helping migrant and left-behind children

KFC China, a unit of Yum China Holdings Inc, donated 3.5 million yuan ($503,887) to the China Children and Teenagers' Fund in late November, which aims to provide care for Chinese migrant children and those who get left-behind in rural villages.

AB InBev brings 'smart drinking culture' to Jiangshan, 5 other cities

Anheuser-Busch InBev SA/NV, the world's biggest brewer by sales (2015: $43.6 billion), has included a Chinese city in its six-city global project to reduce consumption of alcohol by 10 percent.

IN BRIEF (Page 18)

If US won't pay its teachers, China's tiger moms will

Cindy Mi leans forward on a couch in her sun-filled Beijing office to explain how she first got interested in education. She loved English so much as a child that she spent her lunch money on books and magazines to practice.

Chinese parents mired by hefty costs for tech-focused education

It starts with the idea that children must be trained early to prevail over robots in the workforce. Then it snowballs from there - $3,000 a year for tuition, $350 for a Lego robotics set, and $7,300 to test the newly acquired engineering skills at a competition in the United States.

China stocks boosted by builders

Profit growth at industrial firms in China accelerated last month, the National Bureau of Statistics said on Tuesday, a day after the Ministry of Transport helped lift shares in construction firms by announcing plans to spend 1.8 trillion yuan ($259 billion) on highways and waterways in 2017.

Chinese cash 'good news for European soccer'

Umberto Gandini, chief executive officer of Italian Serie A football club A. S. Roma, and Dariusz Mioduski, owner of Polish club Legia Warszawa said on Tuesday at the 11th Dubai International Sports Conference that the rise of Chinese investors in the European football league was a blessing for the most popular sport on the continent.

$1.44b fund of fund launched in Beijing aims to fuel M&As

Asia Fintech FOF, a 10-billion-yuan ($1.44 billion) fund of fund, was launched in Beijing on Tuesday, aiming to seek investment opportunities and fuel mergers and acquisitions in the fast-growing financial technology sector.

HNA Belt and Road routes to rise

HNA Group, the parent company of Hainan Airlines, plans to play a bigger role in advancing transportation services next year for multilateral cooperation in countries along the Belt and Road Initiative areas, its CEO Huang Qijun said.

Chinese software to help detect reserves

China has independently developed a software for resources exploration that aims to raise the operational efficiency of oilfields and coal mines, a process which promises to break the monopoly of international companies in the sector.

Scandals may boost reforms

The latest scandals in the Chinese bond market have revealed weak internal risk control at financial institutions, which may help accelerate the reform of China's financial regulation toward a more coordinated regime, analysts said on Monday.

Stocks erase losses on public works plan

Global stocks were mixed on a day when many markets were closed for a holiday. Japanese shares fell as the yen gained against the dollar, while Chinese equities recovered from earlier losses.