Caixin China Biz Roundup: Luckin Co-founder’s Dilemma

Jul.02.2020

In today’s episode: Disgraced coffee chain co-founder could be booted from his chairman position following an internal probe; fugitive accused of helping illegally raise of billions through a Ponzi-style scheme has been returned to China following his extradition from Greece; and advertising industry body gets tough on e-commerce livestreaming