01/10/2025 05:07:09 am
01/10/2025 05:07:09 am
Angie Zhao | Jul 23, 2013 02:41 PM EDT
July 22nd, China's "Money Week" released a list of "2013 Most Wealthy Families in China". Ma Huateng, the chairman of Tencent Holdings topped the list with a net worth of 46.7 billion yuan (7.6 billion USD). This is also Ma Huateng's first time to be the richest entrepreneur in China. Last Year, Ma Huateng, with a net worth of 35.4 billion yuan (5.7 billion USD), took the forth place in the list. In just one year, his wealth increases for 11.3 billion yuan. read more
Jaccqueline Bargas | Jul 23, 2013 08:50 AM EDT
A sudden noise rubbed a busy office in Shanghai as police visited a British company, AstraZeneca. Is AstraZeneca accused of bribing similar to GSK’s case? read more
Shuzhi Zhang | Jul 22, 2013 09:31 AM EDT
In the recent days, the Public Security Bureau, Municipal Economic and Infomatization Commission, the Safety Inspection Bureau and the Administration of Industry and Commerce of Guangdong Province publish an article of
Shuzhi Zhang | Jul 22, 2013 09:26 AM EDT
Some customers complain that they receive the empty packages from the online stores. Journalists find out that it is a new method used by the online store owners to get a high volume of trading. The "creative" method brings troubles to both the customers and the express companies. read more
Jaccqueline Bargas | Jul 22, 2013 09:05 AM EDT
China hopes for liberalizing interest rates to gain economic growth. In the early days of economic transformation, Joe Zhang sees it as a foregone conclusion to loosen government’s grip on interest rates. read more
Jaccqueline Bargas | Jul 22, 2013 08:37 AM EDT
The case against GlaxosmithKline (GSK) bribery is still ongoing. China initiates reviews on other drug manufacturing companies, including the local ones. read more
Jaccqueline Bargas | Jul 19, 2013 05:21 PM EDT
China plans no concern of the economic slowdown. This indicates that the government will not consider any large stimulus this year, as the financial minister announced. read more
Jaccqueline Bargas | Jul 19, 2013 05:14 PM EDT
China tries to change their economic strategy by putting up ways of not relying on investments. This may result to higher unemployment rate that could threaten the economic state of the country. read more
Chinatopixstaffwriter | Jul 19, 2013 09:36 AM EDT
The finance report of Yahoo shows that the profits rate of Alibaba for the first season is 48.4%, which is two times that of Apple for the same period of time. read more
Jaccqueline Bargas | Jul 18, 2013 06:27 PM EDT
Richard Marles, the new Trade Minister in Australia, is now visiting China to discuss a free trade agreement. If this pushes through, new opportunities for China arise. read more
Angie Zhao | Jul 18, 2013 05:21 PM EDT
Beijing time July 17th, a spokesman for GlaxoSmithKline said that Beijing has barred GlaxoSmithKline's finance director in China from leaving the country, as police accuse GlaxoSmithKline of bribing officials and doctors. read more
Chinatopixstaffwriter | Jul 17, 2013 10:34 PM EDT
US Department of the Treasury published latest statistical data on 16th July. This data shows China increase 25.2 billion US treasury bonds in May. In other words, China holds more than 1300 billion US treasury bonds, a record. read more
Angie Zhao | Jul 17, 2013 10:25 PM EDT
A growing number of Chinese netizens are enjoying the convenience brought by the "high speed Internet era". Recently, Chinese State Council executive meeting put forward a plan on increasing Internet speed, reducing Internet fees and promoting Information-related consumption, in order to stimulate domestic demand. read more
Angie Zhao | Jul 17, 2013 04:54 PM EDT
Chinese Ministry of Commerce responds to decline of investment in Japan read more
Jaccqueline Bargas | Jul 17, 2013 09:34 AM EDT
In the 1980s, Tsingtao Brewery, the first listing of a Chinese company in overseas exchange, gained demand of shares amounting to over a hundred times more than what was being offered. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
