Illustration of the coming back Chinese Yuan, Renminbi

CHINA BULLETIN: Yuan on the Comeback Trail

In this week’s issue the yuan bounces back, a lifeline for developers and a livestreamer confirms its CEO’s arrest. On a scale of 1 to 100, we give the week…
Dingdong rings up profit, but revenue falls

Dingdong rings up more profits as revenue sags

The online grocer’s revenue fell in the third quarter, as it continued to report profits in China’s fiercely competitive food delivery sector Key Takeaways: Dingdong’s revenue decreased about 14% year-on-year…