China

Yum China sees continued pandemic problems

Yum China Holdings Inc. warned the coronavirus would continue to create problems in the first quarter, as consumers avoid travel and officials impose rules to try to fight the spread of Covid-19.

Wu-Tang Clan T-shirts spark China-Canada quarrel

A ruckus brought by China over Canadian T-shirts bearing an altered logo of the New York hip-hop group Wu-Tang clan continued Wednesday, with China’s Foreign Ministry saying it didn’t buy Canada’s explanation that the shirts were not an insult linked to the coronavirus.

Jack Ma’s Ant plans major revamp in response to Chinese pressure

The plan represents a significant turnaround by a digital-payments juggernaut that has in recent years tried to shed its image as a financial-services provider and fashion itself as an internet-technology company, which helped it command lofty valuations.