Despite slowing global economic growth, Chinese unicorns — privately held startups valued at over $1 billion each — have demonstrated strong resilience and vitality, thanks to renminbi-denominated financing, experts said. Chinese startups in the fields of new energy and artificial intelligence have emerged as crucial growth drivers, they said. On Monday, Forbes China, the Chinese edition of the renowned US business magazine, released the list of the world's newest unicorns that emerged in the first half of this year. Out of 55 such unicorns, 23 are from China and 20 from the United States. The world currently has ... (full story)