Caixin China Biz Roundup: Rivalry Between Alibaba and Meituan Heats Up

Oct.13.2020

In today’s episode: the latest on the battle between the nation’s internet giants;regulator slaps fines of 2 million yuan each on Luckin’s two domestic operating entities, as well as three related parties amid financial fraud scandal; and top climate scientist says China seeks to lower all domestic greenhouse gas emissions by 2060