An afternoon at the popular Chinese coffee chain that should be making Starbucks very, very nervous

Tech Insider
A Luckin Coffee branch in Singapore
A Luckin Coffee branch in Singapore.

Business Insider/Kai Xiang Teo

Beijing is making its biggest move yet to patch up the property crisis threatening to blow up China's economy

Tech Insider : Economy, Economy
China property Evergrande
China's property sector is mired in a debt crisis amid a slump in demand.

Zhang Peng/Getty

The US may no longer be able to fight more than one major war at a time

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US military
U.S. soldiers 2nd Infantry Division, Stryker Battalion Combat Team from Fort Lewis, Washington participate in Key Resolve/Foal Eagle exercise on March 7, 2011 in Pocheon, South Korea.

Chung Sung-Jun

Thousands of parents in China are watching their children fall ill as colds and pneumonia sweep its biggest cities

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Children and their parents wait at an outpatient area at a children hospital in Beijing on November 23, 2023.
Children and their parents wait at an outpatient area at a children hospital in Beijing on November 23, 2023.

JADE GAO/AFP via Getty Images

Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments

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Jack Ma in 2015.
Alibaba cofounder Jack Ma's wealth has halved from its late 2020 peak following a sustained slump in the company's share price.

Yuya Shino/Reuters

The founder of Evergrande just lost 2 Hong Kong mansions collectively valued at $200 million to a creditor

Tech Insider : Economy
Evergrande founder and chairman Hui Ka Yan
Evergrande founder and chairman, Hui Ka Yan.

Nora Tam/South China Morning Post/Getty Images

Foreign investors have now taken out most of the money they put in China's stock market this year

Tech Insider : Economy
Xi Jinping china president
Chinese President Xi Jinping

Johannes Eisele/AFP/Getty Images

China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push

Tech Insider : Economy
Dollar vs. Yuan

AlexSava/Getty Images

See the rusting warship central to the Philippines' South China Sea claims that Beijing tries to keep from holding on

Tech Insider
An image of a dilapidated and rusted ship sitting in the ocean.
The BRP Sierra Madre docked at the Second Thomas Shoal, protecting the Philippine's sea rights.

JAM STA ROSA/Getty Images

Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Tech Insider
Joseph Tsai

Reuters/Aly Song

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