Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap.
Featured Posts Title
Beijing unveils blueprint for biomedical dominance by 2030
Trump–Xi talks likely to focus on trade, AI as Beijing prepares for DC summit
Beijing confirms Xi-Trump talks
Xi rolls into Trump summit with China’s trade engine roaring
How Beijing preys on the Chinese diaspora to shape opinion in the USA
US proposes AI incident alert system in talks with China, Kremlin’s main party keeps majority, George Lucas’ new Museum of Narrative Art opens
Beijing Drone Owners Sell Aircraft Ahead of Citywide Ban
Recent Posts
Embattled Chinese Property Tycoon Turns to Electric Cars. Cue $87 Billion Valuation.
Shenzhen’s landmark electronics skyscraper closed for investigation after shaking triggers panic
SEG Plaza, Shenzhen’s fifth-tallest skyscraper located in the famed Huaquiangbei electronics district, was closed for investigation after shaking caused a panic, even as the city says it is safe.
China Mars Rover Animation Appears to Copy NASA Video Shot for Shot
Despite the crisper animation quality in the Chinese production, many scenes from NASA’s 2011 clip appeared to have inspired last week’s illustration of Zhurong’s arrival on the Red Planet.
Shaking Skyscraper Sends People Fleeing in Shenzhen
A skyscraper in Shenzhen, China, was evacuated on May 18 after local authorities received reports that it was shaking, China’s Global Times reported.The video, posted on Weibo by user Cui Ge, shows …
China must lift sanctions to save EU investment pact, EU parliament to say
China must remove its sanctions on European Union politicians and diplomats if Beijing wants a new investment accord with Brussels to be approved, EU lawmakers are set to say on Thursday according to …
Policy experts call Biden’s tough China stance damaging to climate agenda
President Joe Biden touted his electric vehicle and infrastructure plans Tuesday during remarks at a Ford facility in Michigan, where he told reporters China was currently ahead in the race for green …
China Bars Financial Companies From Cryptocurrency Services
In a fresh crackdown on cryptocurrencies, China has banned financial services providers from certain offerings related to the popular but volatile asset class. In a joint statement issued on Tuesday, …
What’s old is new: Brands craving connection with consumers turn to livestreaming
“The way that it sort of changed more recently is that the functionality now exists in a much more robust sense on social platforms, bringing close together influencers, brands, retailers to the …
Chinese Newlyweds Prepare for a Photo Shoot in Beijing, China
Chinese newlyweds wearing leather jackets are prepped for a photo shoot on the streets of Beijing on Wednesday, May 19, 2021. The number of divorces recorded in the world’s most populous country has …
Anti-China demonstration in Tokyo
Protesters of Southern Mongolian, Tibetan, Uyghur, pro-democracy of Myanmar and Japanese hold placards during the anti-China demonstration in front of the Diet Building Tokyo, Japan on Wednesday, May …
Shares Of Blockchain-Linked Firms Tumble As China Slaps Curbs On Cryptos
Shares of blockchain- and crypto-linked companies were having a rough time in Wednesday’s premarket as China clamped down on financial institutions and payment companies to stop them providing …
Crypto crash: How China came to crack down on bitcoin – and where it might go from here
China’s relationship with cryptocurrencies has been a turbulent one with several crack downs since 2013 affecting the values of the digital coins, including Bitcoin, with ripples felt across the world …
China’s top court publishes typical cases on property rights protection
China’s top court has published seven typical cases from its work regarding the protection of property rights and the legitimate rights and interests of entrepreneurs. The cases concern the top court …