Starbucks’ China rival Luckin Coffee opens… Luckin Coffee opened 1,137 stores in the first quarter, beating Starbucks, which opened 153 and trails the domestic…
China’s ‘unicorn’ stampede has slowed as… TikTok parent ByteDance remains the world’s most valuable unicorn, topping Elon Musk’s SpaceX in the second spot,…
China’s pet economy purrs along: owners to spend… More members of Gen Z in China are choosing fur babies – and especially cats – rather than human babies, making the…
Zero-Covid policy has foreign firms… The ‘efficiency, reliability and predictability’ of the China market have been called into question, the European…
How Safe Is Elon Musk’s Bet on Tesla in China? Tesla CEO Elon Musk once called President Joe Biden “a damp puppet in human form.” To Senator Bernie Sanders, he…
Shanghai to offer cruises on once polluted… The service launch, following a US$5.5 billion rehabilitation of the river, comes as the mainland’s commercial hub…
China’s lockdowns snuff out ‘on-a-whim’ travel,… The Mid-Autumn Festival brought more bad news for the travel sector, and the coming Golden Week period will not…
US business optimism in China tumbles to an… China’s coronavirus control measures, followed by deteriorating US-China relations and Beijing’s data and…
China’s foreign firms look inward for talent as… Even in cities without major coronavirus lockdowns, including Hong Kong, ‘trust issues’ are rife among foreigners,…
US firms praise China’s quarantine cut, but… US firms in mainland China have reported small improvements in supply chain logistics and business recovery, a new…