Under the terms of the agreement, Boyu, whose founders include the grandson of former Chinese President Jiang Zemin, will own ...

Since 2023, two defense ministers have been dismissed and 14 generals appointed by the Chinese president have been removed or ...

Under the deal, Boyu - whose founders include the grandson of former Chinese President Jiang Zemin - will hold up to 60% of a ...

On October 17, 2025, the Chinese Communist Party (CCP) expelled nine of its most senior military leaders, including members of the Central Military Commission, former defence ministers, and theatre ...

On November 3, 2025, Starbucks stunned the global business community by announcing the sale of a 60% controlling stake in its ...

In a deal valued at $4 billion, Boyu Capital will acquire a stake in the coffee giant’s 8,000 stores in China.

The US coffee giant is selling control of its mainland retail operations to Boyu Capital in a $4 bln deal, even though it ...

The US coffee giant wants to more than double its presence in China with the help of private equity firm Boyu Capital.

The Seattle-based coffee chain announced on Monday in the U.S. that it has agreed to form a joint venture with Boyu to run ...

Starbucks’ market share in China has shrunk due to fierce competition from local coffee chains amid an economic slowdown.

Starbucks has announced a major restructuring of its China operations, agreeing to sell control to Hong Kong-based investment ...

Xi Jinping is not known for his easy smiles. China’s most powerful Communist leader in decades has built a reputation ...