CHINA BULLETIN: New Year Kicks Off With Mixed Signals

In this week’s issue China stocks extend their slump, Chinese lose their taste for luxury, and Baidu enters the chatbot fray. On a scale of 1 to 10, we give the week a 4.5 for offshore-listed China stocks.

Tim Hortons Gobbles Up Popeyes in China

TH International, operator of Tims China, said it has reached an agreement to also operate the popular U.S. fried chicken chainKey Takeaways:TH International will take over operation of the Popeyes…