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updated Fri. April 19, 2024

But Xi's administration has also reportedly tasked diplomats and parts of the Communist Party—and possibly also China's state-linked global media outlets and pro-Chinese tycoons—with giving Beijing greater tools to wield more overt political influence within other states. Of course, like other powerful ...

Sitting on a small stool in the lobby of Chinese electronics firm LeEco's Beijing headquarters, contractor Fu Hangxia remembers the company's glory days just a couple of years ago. “They wanted to create a miracle,” Fu says. “They did everything to the highest standards, and burned through a lot of money.
China's environment ministry has hit out at a northeastern province for turning a blind eye to two luxury golf courses operated by one of the country's richest men, as mainland developers increasingly get caught up in Beijing's environmental protection campaign. The two golf courses in Jilin province, ...
Once dubbed the Netflix (NFLX) of China, LeEco expanded from streaming into a wide array of industries such as movies, smartphones and transportation before it was compromised by heavy debts. Related: Where Chinese millionaires want to move. Jia made his ambitions known last year when LeEco ...
According to the New York Post, one of China's biggest business and entertainment tycoons has bought a 27% stake in the Delaware Board of Trade, a company operating one of the newest cryptocurrency exchanges in the US.
Kenon Holdings Ltd (TASE:KEN: NYSE: KEN-WI), controlled by Idan Ofer, is making progress in the sale of all of its holdings. Kenon today announced that a public auction in China for the sale of a controlling interest in Qoros, Kenon's faltering Chinese auto venture, had ended with no additional bids.
Hu Wenyou, a partner at Yingke, a Beijing law firm, said the top court's database is generally effective at getting defaulters to cough up — but only if they are in China. In a recent interview with a Chinese news site, Mr. Jia said he was living in California and focusing on Faraday Future, a financially troubled ...
Chinese actress Gan Wei, better known as the spouse of beleaguered tycoon Jia Yueting, said on Wednesday that she would deal with the debt issues plaguing LeEco. In a post on her Sina Weibo account, China's Twitter-like social media, Gan said that she would meet the creditors to resolve the debt ...
Starting in 2004, Gu began a very public spat with Larry Lang Hsien-ping, the Chinese University of Hong Kong professor who made his name through taking down China's largest companies from TCL to the D'Long Group to Greencool. Lang accused Gu of embezzling China's state assets, a charge that ...


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