Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle

Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says. Read full story

Source : https://www.thestar.com.my/tech/tech-news/2025/08/13/beijing-urged-to-curb-free-milk-tea-style-cash-burn-in-e-commerce-battle