Bloomberg Meituan Dianping reported a smaller slide in revenue than analysts projected after the Chinese internet services giant proved resilient to virus-induced lockdowns. Sales fell 12.6% to 16.8 billion yuan ($2.4 billion) in the three months ended March, compared with the 15.6 billion yuan average of analysts’ estimates. It reported net loss of 1.58 billion yuan, while analysts projected a ...

Bloomberg The US should give up its “wishful thinking” of changing China, foreign minister Wang Yi said, warning that some in America were pushing relations to a “new Cold War.” “China has no intention to change the US, nor to replace the US It is also wishful thinking for the US to change China,” Wang said during his annual news ...

Bloomberg North Korea leader Kim Jong-un, making his first public statement in three weeks, ordered military leaders to increase the country’s “nuclear war deterrence,” the official Korean Central News Agency (KCNA) reported. The meeting of the Seventh Central Military Commission of the Workers’ Party of Korea also discussed putting the nation’s strategic armed forces on high alert, and increasing the ...