Topics
Fraud at Luckin
The Chinese Starbucks rival has been in hot water after revealing that it inflated its sales by $310 million in 2019. That scandal has dealt a fresh blow to the reputation of Chinese stocks in the U.S.
In Depth: China Tech Giants Battle to Build the Ultimate AI Concierge
Tencent, Alibaba and major smartphone-makers are transforming their software into autonomous digital assistants in a race to control how users interact with technology
In Depth: Chinese Brands Tear Up Playbook for World Cup Sponsorship
As the costs of working with FIFA rise, Chinese companies are turning to technology partnerships, team deals, licensing agreements and broadcast advertising to stay visible
Cover Story: The AI Token Takeover in China
Explosive demand for the foundational unit of AI processing has forced tech giants and startups into a battle over pricing, computing power and the lucrative business market
Chinese Tech Giants Turn College Admissions Into Latest AI Battleground
Alibaba, Tencent, and Baidu are launching AI tools for the 12.9 million students who took the national college entrance exam, intensifying the race for consumer AI users
Alibaba Opens Qwen AI to Third-Party Services in Push for Agent Dominance
The Chinese e-commerce giant integrates brands like Luckin and KFC into its Qwen app, heating up the battle with Tencent for AI-driven assistant ecosystems
Analysis: Chinese Milk Tea Makers Push Farther Afield as Southeast Asia Gets Crowded
Chagee, Molly Tea and Mixue are among the brands exploring markets like the U.S., South Korea and the U.K. as they hunt for new customers
Weekly Must-Read: How China’s Growing Gig Economy Has Left a Generation Adrift
‘Flexible workers’ make up an estimated 27% of the country’s total employed population, creating a new class of employment defined by instability and anxiety that the government is just starting to address
CX Daily: With 4.5%-5% Growth Target, China Aims to Create Space for Reform
In a report, Premier Li Qiang outlined priorities including boosting domestic demand and stabilizing the property market
Luckin-Backer Centurium Capital to Buy Blue Bottle Coffee From Nestlé
The private equity firm is snapping up the upscale U.S. coffee chain for less than $400 million, Caixin has learned
CX Daily: China’s Sweeping Banking Law Rewrite Targets Hidden Risks
Draft amendment would extend regulatory power beyond lenders
Luckin Coffee Profit Falls as Delivery Costs Jump
Fourth-quarter earnings and same-store sales were hurt by ‘a combination of factors including seasonality and changes in food delivery platform subsidy dynamics,’ CEO says
Alibaba AI App Crashes After 3 Billion Yuan Giveaway Sparks Frenzy
A milk-tea voucher campaign meant to popularize Alibaba’s AI chatbot instead strained systems and swamped shops nationwide
In China’s Coffee Price War, Cotti Lowers the Heat
The Chinese chain rolls back a popular ‘9.9 yuan unlimited’ promotion as regulatory pressure and shrinking margins take their toll
Year in Review: How Price Wars, Platform Battles and IP Booms Defined China’s 2025
From subsidy-fueled competition in retail to explosive growth in culture and services, 2025 laid bare the contradictions in China’s consumption-led recovery
Top Stories of the Month: Chinese Local Governments Risk Replicating Mistakes of LGFVs
Localities have created thousands of ‘culture and tourism’ investment companies, with some designed to shift their traditional financing vehicles onto a market-oriented footing and sidestep borrowing limits
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