HONG KONG / Reuters In a bid to increase its retail footprint, McDonald’s Corp is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told Reuters. The US fast food giant is adopting a ...

  SHANGHAI, SINGAPORE / Reuters Makers of private jets for China’s elite are shifting their focus from luxury to convenience, as a cooling economy and long-running crackdown on corruption prompt customers to demand smaller planes and even consider second-hand deals. Utility is the watchword, say industry insiders, as buyers who once enlisted Feng Shui masters to help them design cabin ...

  Hong Kong / AFP The world’s first museum dedicated to China’s Tiananmen Square crackdown is to close its doors in Hong Kong, with organisers saying they believe they are being targeted for political reasons. It comes at a time when concerns are growing in the semi-autonomous Chinese city that Beijing is tightening its grip. There has been keen interest in ...