Shareholders sue Australia’s Crown Resorts over China marketing SYDNEY (Pakistan Press Club) – Australian casino operator Crown Resorts Ltd (CWN.AX) was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price. The company…
GM venture to recall nearly a million vehicles in China BEIJING (Pakistan Press Club) – One of General Motors Co’s (GM.N) China ventures will recall nearly a million vehicles due to fuel tank problems, the country’s quality watchdog said on Friday, the latest in a spate of major auto recalls in China over the last…
At North Korean hub in China, uncertainty looms for Pyongyang-backed businesses SHENYANG, China (Pakistan Press Club) – North Korean-owned businesses such as the Chilbosan Hotel in Shenyang, the biggest city in northeastern China, face an uncertain future as United Nations sanctions against Pyongyang-owned overseas businesses loom. For now, the hotel is a slice of North…
