Hong Kong-based private equity firm PAG is leading an $8.3 billion deal for a 60% stake in China's largest shopping mall operator ... and this is one of its largest restructuring efforts so ...

Authorities in the Chinese capital Beijing sealed up a large shopping mall and placed several apartment buildings under full lockdown due to a new outbreak of COVID-19, it was reported Thursday.

Referred to as "emotional consumption" by industry analysts, this trend emphasizes mental satisfaction over functionality. The China Consumers Association reports that a growing number of young ...