China News Digest: August 5, 2016

The following press releases and news reports about China companies were carried on August 5. To view a full article or story, click on the link next to the headline.
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• Massive Funding, Apple (Nasdaq: AAPL) Backing Helped Didi Outrun Uber in China (English article)
• China Starts to Lose Its Taste for McDonald’s (NYSE: MCD) and KFC (NYSE: YUM) (English article)
• Tablet PC Sales Fall in Q2, But Lenovo (HKEx: 992), Huawei Post Gains (Chinese article)
• Bitauto (NYSE: BITA) Consortium Invests $550 Mln in Yixin Capital (PRNewswire)
• Online Children’s English Learning Platform Vipkid Wins $100 Mln Series C Funding (English article)
• Latest calendar for Q2 earnings reports (Earnings calendar)