Luckin Coffee expects to become biggest coffee chain in China in 2019, surpassing StarbucksLuckin Coffee expects to become biggest coffee chain in China in 2019, surpassing StarbucksChina's up-and-coming coffee brand Luckin Coffee has set forth an ambitious plan, aiming to surpass US rival Starbucks in 2019, irrespective of previous news reports about its massive loss which was confirmed by the Chinese coffee chain.

China's Huawei announces small increase in new 5G customer baseChina's Huawei announces small increase in new 5G customer baseHuawei Technologies on Tuesday said it has secured more than 25 commercial contracts for 5G, slightly above the 22 the Chinese technology…

China's multibillion-dollar electric car companies are heading for a make-or-break momentChina's multibillion-dollar electric car companies are heading for a make-or-break momentChina's push to lead the global development of electric cars is nearing a moment of truth.

Boeing delivers first 737 from China plant as trade war simmersBoeing delivers first 737 from China plant as trade war simmersBoeing has kicked off its industrial foray into China, handing over the first 737 Max completed in the country to Air China as executives…

Multinationals ramp up investment in China with prospects of further opening upMultinationals ramp up investment in China with prospects of further opening up“In the next three to five years, Wilmar International will ramp up its investment in China by 30 billion yuan, equal to the total it ha…

Samsung to close smartphone factory in China's Tianjin amid sales slumpSamsung to close smartphone factory in China's Tianjin amid sales slumpSouth Korea's Samsung Electronics will shut down a mobile phone manufacturing factory in the northern Chinese city of Tianjin after a sal…

Debt-ridden Gionee unveils reorganization planDebt-ridden Gionee unveils reorganization planChina's leading smartphone manufacturer Gionee on Monday unveiled a framework bankruptcy and reorganization plan after a year-long debt c…



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