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KrASIA Connection

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KrASIA Connection curates technology and innovation updates from China.

KrASIA Connection

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Big picture: China boosts chip industry with massive new fund

China’s RMB 344 billion semiconductor fund signals a major push for tech self-sufficiency amid US restrictions.

2 mins read
  • Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.

    News

    Luckin Coffee’s margins shrink amid expansion to outplay Starbucks

    4 mins read