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...The masters of the universe have continued to receive billions of dollars of Chinese state money, DD’s Will Louch and Kaye Wiggins and the FT’s Yuan Yang report, even as geopolitical tensions have broken...
...Yang took her daughter to a private clinic where admitted patients are charged at least Rmb12,000 ($1,720) per day....
...Nieves Yang, a university student in Sichuan, was shocked that a small ice cream tub in her local convenience store that cost Rmb2 when she was a child had risen to Rmb9....
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...Wang, who did not want to give his first name, said his fishing centre on the outskirts of Beijing has had an influx of young customers coming to the store to try their luck at angling....
...“The impact this time is bigger and we expect recovery to take longer,” said Veronique Yang, managing director at BCG China....
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...Alibaba does not disclose a breakdown of revenue for the Taobao Deals platform but Roger Yang, Jinye’s operations director, said his sales had “blossomed” across China since opening the Taobao Deals store...
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