Xiaomi’s Lei Jun Becomes China’s Fifth Richest Person On EV Optimism
Lei Jun, founder of Chinese tech giant Xiaomi, is now the fifth richest billionaire in China thanks to investors' confidence ...
Why China’s super-rich are spending billions to set up universities
For China’s billionaires, founding new universities offers a chance to make money – and demonstrate they are ‘politically ...
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China’s richest person wants a personal apology from ByteDance’s founder for not stopping social media attacks against him
Both are owned by ByteDance. Zhong Shanshan is China’s richest person, according to the Bloomberg Billionaires Index. Yet he and his company, Nongfu Spring, have had a tumultuous year.
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Mainland Chinese Man Calls S'pore A "Rich Country" Because Our Rubbish Trucks Are Mercedes-Benz
Some look at its Gross Domestic Product (GDP) while others look at its standard of living. For this Mainland Chinese man, he looks at its rubbish trucks. Recently, Xiaohongshu user Xiao Wen Ge, who ...
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Richest men lose billions in tech stock rout as Chinese chatbot sparks fears West could fall behind in AI arms race
The plunge came as a new Chinese chatbot sparked panic that the ... Meanwhile, Amazon founder Jeff Bezos, the world’s second-richest man, saw his wealth shrink by nearly £2billion after the ...
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Is Elon Musk Serving Two Masters?
Elon Musk’s efforts to slash the U.S. government could be a huge boon to China—a country to which Musk has significant ...
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Why China’s super-rich are spending billions to set up universities
Even for China’s richest man, it was a bold investment. Last month, beverage magnate Zhong Shanshan raised eyebrows when he announced plans to spend 40 billion yuan (US$5.5 billion) over the ...