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Our China Perspective column is written by authors from the People's Republic and today addresses the philosophical question: Who truly rules in China? And it is not the CCP or the government.
By Experts Table.Briefings
Three years ago, Luckin caused a massive scandal with falsified business figures. The company was even forced to delist from the New York Stock Exchange. Now it has suddenly overtaken Starbucks in China. A major difference in its business model put Luckin in the lead during the Covid pandemic.
By Jörn Petring
The White House's new sanctions against China mainly target the US financial industry. Its tone and direction are more of a concern to Europe than the measure itself. The US and China continue to drive a wedge in the global market.
By