Luckin Coffee’s Shares Plunge 76% on News of $310 Million Fraud

Fast-growing Chinese rival to Starbucks discloses that former COO inflated 2019 sales and expenses and launches internal investigation

China Business Digest: Debate Intensifies Over 2020 GDP Target; Investors Shrug Off U.S. Stock Sell-Off

U.S. coronavirus caseload reaches 216,000; outbreak hampers China’s war on trash

The Big Debate: Should China Ditch GDP Growth Target for 2020?

Analysts are divided over whether the government should throw in the towel as coronavirus pandemic sinks global economy

Shang Zhou: What the World Can Learn From Italy’s Covid-19 Debacle

Immunologist’s analysis of data suggests why pandemic raged out of control across Europe and the U.S. while South Korea, Singapore and Japan fared better

Singapore Study Traces Covid-19 Cases Spread by Hidden Carriers

At least 10 patients contracted virus from infected people who didn’t show any symptoms until days later, researchers find

Apr 03, 2020 03:44 AM

Major Shareholders Don’t Like Bank’s Plans for Distributing Profits

Dispute at Minsheng Banking makes board’s reelection a lot less certain

Apr 02, 2020 09:34 PM

Virus-Hit Nations Embrace Military-Style Field Hospitals

The United States, Italy and Spain are all building makeshift medical facilities to ease the strain on existing infrastructure

Apr 02, 2020 09:18 PM

China Bans Export of Uncertified Medical Supplies

Tightened restrictions come after faulty coronavirus test scandals

Apr 02, 2020 08:52 PM

Multiple Countries Ban Food Exports as Demand Spikes Fuel Shortage Fears

Cambodia, Vietnam and Kazakhstan have all moved to limit overseas shipments to safeguard domestic supply

Apr 02, 2020 08:26 PM

Video of Nurse Allegedly Attacked by Foreign Covid-19 Patient Goes Viral

The Chinese foreign ministry is looking into the incident after a video of an injured nurse went viral

Apr 02, 2020 08:17 PM

Top State-Firm Supervisor Launches New Asset Manager

China Rongtong Asset Management could be part of SASAC’s drive to streamline the roughly 100 entities under its umbrella

Apr 02, 2020 07:58 PM

Caixin China Biz Roundup: Celebrity Blogger Calls Covid-19 a “Man-Made Catastrophe”

In today’s episode: “Battlefield” diarist Fang Fang opens up about life at the Chinese epicenter of epidemic; the outbreak’s mental health impacts; and behind the nation’s booming online music streaming scene

Apr 02, 2020 07:32 PM

Bandwidth-Hungry Wireless Carriers Get More Spectrum

Telecom regulator plans to repurpose frequencies in the 700 MHz range from current use for TV and radio broadcasting

Apr 02, 2020 07:28 PM

Economic Contribution of High Value-Added Industries Grows, Caixin Index Shows

Capital inputs grew strongly in March, while the labor input subindex took a hit amid widespread disruption

Apr 02, 2020 06:07 PM
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