Chinese coffee shop startup Luckin Coffee has raised $200 million and received a $1 billion valuation making it the country’s first coffee shop unicorn in the Starbucks-dominated market. Acc... Read more
The trade war between the US and China looks to be shifting up a gear, with President Donald Trump announcing his decision to impose a further $200 billion on the imports of Chinese goods, t... Read more
China will provide Middle Eastern nations with $20 billion in loans and $106 million in financial aid, President Xi Jinping told regional leaders on Tuesday, as a means of boosting economic... Read more
China’s producer price index (PPI) rose 4.7% year-on-year in June, its highest rate this year, according to data from China’s National Bureau of Statistics, exceeding market expectations. Th... Read more
The Chinese yuan could be looking forward to a recovery in the second half of the year as the dollar begins to weaken, according to forecasters interviewed by Bloomberg. “We suspect that the... Read more
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