Chinese coffee giant Luckin Coffee opened its 10,000th store in the country on Monday, expanding its lead over American rival Starbucks as the two chains battle for caffeine-addicts’ loyalty... Read more
Chinese exports contracted more than expected in May on weaker global demand for the country’s goods, as the world’s second-largest economy struggled to revive growth after a pandemic-induce... Read more
STMicroelectronics (STM), Europe’s second-largest chip maker by revenue, and Chinese firm Sanan Optoelectronics on Wednesday said they have agreed to form a $3.2 billion semiconductor joint... Read more
A Shanghai court has ordered the freezing of RMB 1.98 billion ($278.18 million) worth of shares in a unit of Dalian Wanda Group, China’s largest commercial property developer, reports... Read more
Chinese universities are drastically increasing tuition fees this year, with some making their first rises in two decades, hurt by a reduced national budget for tertiary education and tight... Read more
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