CHINA BULLETIN: More Trade Contraction

In this week’s issue exports keep falling, another new chip fund and China’s answer to Irish coffee. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.

Qudian: A $1.4 billion cash cow

The company officially left the fintech realm in the first quarter by posting no revenue from its original online financing business for the first time Key Takeaways: Qudian’s revenue plunged…