Edelman loses contact with China CEO Steven Cao, 'It is our understanding he is cooperating with the authorities'

cannes lion media grand prix

PR agency Edelman has lost contact with the boss of its China operation, Steven Cao. His absence from work emerges a fortnight after his former business partner, now a prominent TV anchor, was detained by the authorities in a corruption probe. Rui Chenggang, who with Cao co-founded Pegasus Communications in 2002, the Chinese PR agency acquired by [...] Read more ...

via Mumbrella
1 Aug 2014

China PMI rises to 27-month high

Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July on stronger demand, a government survey showed, adding to evidence that the economy is regaining momentum after a burst of government stimulus measures [...] Read more ...

via Scmp
1 Aug 2014

Papa John's China outlet closes over food safety: report

LOS ANGELES (MarketWatch) -- A Papa John's International Inc. restaurant in the eastern China city of Nanjing has closed after it was found using expired dough, according to a state-media report earlier this week. While health officials have launched an investigation into the matter, the head of China operations for Papa John's has voluntarily ord [...] Read more ...

via Marketwatch
1 Aug 2014