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CNN/MoneyAug 15, 2018
Y Combinator wants to find the next Facebook -- in China
A top Silicon Valley fund that helped launch major startups like Airbnb and Dropbox is setting its sights on China.

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China's markets have stumbled, but its top tech stocks could rise 20% this year, analyst says - CNBC (Google Business News)

Reuters BusinessAug 15, 2018
Asian stocks hit one-year low amid Turkey woes, bearish China equities
Asian stocks retreated to a one-year low on Wednesday as bearish Chinese markets worsened investor sentiment already hurt by Turkey's financial crisis.

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GLOBAL MARKETS-Asian stocks hit 1-year low amid Turkey woes, bearish China equities (Reuters Company News)

Google Business NewsAug 15, 2018
Y Combinator to set up China arm with former Baidu executive Qi Lu as chief - CNBC

CNBC


American start-up incubator Y Combinator is setting up shop in China, with a new unit to be led by former Baidu chief operating officer Qi Lu. Sam Altman, Y Combinator's president, said in a company announcement Wednesday that China had been "anĀ ...
Y Combinator to Set Up China Arm


Google Market NewsAug 14, 2018
Chinese Tesla rival Nio files to raise $1.8 billion in US IPO - TechCrunch

TechCrunch


Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online
NIO seeks to raise $1.8 billion in biggest US listing by China automaker


WSJ AsiaAug 14, 2018
Kroger to Sell Groceries on Alibaba Site in China
Kroger will sell its products in China on an e-commerce site owned by Alibaba Group, the grocer's first foray into foreign sales amid a broader push into online retail.

RELATED ARTICLES
Kroger teams up with Alibaba to sell products in China (FT.com - China, Economy & Trade)
Kroger teams with Amazon rival Alibaba to sell groceries in China (USA Today Money)

Reuters BusinessAug 14, 2018
Shares rebound as Turkish lira pulls out of dive
World share markets rebounded on Tuesday as Turkey's lira pulled out of a recent nosedive and reassuring data from Germany helped offset the latest wobbles in China's giant economy.

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GLOBAL MARKETS-Shares rebound as Turkish lira pulls out of dive (Reuters Company News)
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