Wu Yajun’s transfer of a $7 billion stake to her daughter caps the property developer’s comeback after a 2012 divorce robbed her of the title of China’s richest woman. It also marks the distance that…
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Money and muscle pave China’s way to global power
At a news conference, the Chinese and Bulgarian prime ministers offered assurances that the 16-plus-1 bloc does not aim to divide Europe. Li sought to allay European worries that China poses a challen… ( read…
China works to look open to foreign business as G-20 summit nears
BEIJING—In its latest move to show it’s open for foreign businesses ahead of a summit with President Trump and other Western leaders, China paved a way for German insurer Allianz SE. With a meeting of…
It’s official: China’s E-commerce king is a communist
China’s most famous capitalist is a Communist … even though a 2015 reference can be found on the website of a business group in Alibaba’s home province of Zhejiang. “There has been speculation befor… (…
Beijing Suffers Bad Air as China Prioritizes Growth
Output curbs may have eased as economic pressure grows: ABCI Beijing’s air quality was the worst in 18 months on Monday, a possible result of more flexible emissions curbs for the winter. The economic ……
Alibaba’s ‘Innovation Center’ Gives Brands an Edge in China
Stinky tofu is beloved in China, but stinky breath? Not so much. Studies show that as China’s middle class continues to grow in wealth, so does its pursuit of better health – including oral care.…
Chinese brands in medical rehabilitation coming
Currently, there is a gap between China and other countries in the medical rehabilitation industry. China needs to bring about innovative breakthroughs and have its own medical rehabilitation brands.” ( read original story …)
Dolce&Gabbana fiasco shows importance, risks of China market
“Without China, the hinterland for growth, D&G will obviously be in a weak competitive position and in danger of being eliminated,” the Chinese business magazine New Fortune said in a social media pos… ( read…
28 Interesting Facts About Beijing
1. In 2010, the U.S. Embassy in Beijing began tweeting daily air quality data for its employees. Chinese citizens took notice, exposing under-reporting of pollution by the Chinese government. This out… ( read original story…
In China’s hinterland, car market growth engine sputters
PINGDINGSHAN, China (Reuters) – When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to be serviced he always steals a few moments to pop…
China’s property barons fulfilled ordinary families’ dreams – and became fabulously wealthy
Even as e-commerce and other hi-tech innovations have cranked out a new generation of billionaires, property moguls are still among China’s ultra rich, including one long-time survivor and nimble expe… ( read original story …)
How Cheap Labor Drives China’s A.I. Ambitions
In China, long the world’s factory floor … when many migrant workers come home. Unlike workers and business around the world, Mr. Yi isn’t worried that A.I. will take his job. “The machines aren’t s……
One of China’s Richest Women Transfers $7 Billion Stake in Property Giant
One of China’s richest women is transferring a piece of her property empire to a trust linked to her daughter. A discretionary trust set up by Longfor Group Holding Ltd.’s chair, Wu Yajun, 54, will…
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