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.

Growth to be stabilized, Wen vowsGrowth to be stabilized, Wen vowsEconomic growth will be stabilized through more policy fine-tuning and coordination in the coming months, Premier Wen Jiabao pledged at t…

NDRC raises fuel pricesNDRC raises fuel pricesRetail gasoline and diesel prices were raised on Monday for the fourth time this year, but experts said the move will not have a major sh…

Inflation rebounds to 2% in AugustInflation rebounds to 2% in AugustChina saw a rebound in inflation for the first time in five months as well as the slowest growth pace for industrial output in three year…

China competitiveness ranking sees rare declineChina competitiveness ranking sees rare declineChina's global competitiveness ranking declined for the first time in 2012 after seven years of steady progress.

Sluggish foreign trade brings woe to shipping industrySluggish foreign trade brings woe to shipping industryIndustry insiders warned that China's shipping industry would face a difficult situation within the year as a result of slump in import a…

Wen: property controls still in 'critical period'Wen: property controls still in 'critical period'Chinese Premier Wen Jiabao has reiterated the country still needs to resolutely curb speculative property investment as controls on the r…



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