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 ...
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Xiaomi CEO Lei Jun becomes China's 5th richest person
Lei Jun, chairman and CEO of electronics giant Xiaomi, is now the fifth richest person in China with a net worth of $35.3 ...
China’s richest cities say medical costs are bleeding dry health insurance funds
What happens when China’s ageing population meets a rising reluctance among healthy people to pay for voluntary insurance?
Tesla has sued customers, journalists in China — and won nearly every time, review finds
As concerns mount about eroding checks and balances in the U.S., Tesla’s record in China shows how Elon Musk has thrived in a ...
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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 ...
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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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China’s super-rich see fortunes plunge as economy slows
The Hurun Rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11 percent from last year.
Takeaways: Tesla has sued Chinese customers and journalists — and won almost every time
It’s not common for automakers – in China or elsewhere -- to sue their own customers. But Tesla has done so successfully in ...
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China's 'lifeline' labs and rich Asians' crypto craze
Chinese regulators, who announced a similar antitrust investigation into Nvidia in December, were now also looking at launching a formal probe into Intel, said two people familiar with the situation.