Wu Xiaohui, the chairman of Anbang Insurance Group, was taken away on Friday in Beijing, according to Caijing, a respected newsmagazine. In a statement early Wednesday morning in China, the company said that Mr. Wu was “for personal reasons no longer able to perform his duties.”
President Trump is poised to add six new trademarks to his expanding portfolio in China, in sectors including veterinary services and construction, potentially renewing concerns about his possible conflicts of interest.
Panama has severed diplomatic relations with Taiwan in favor of recognizing China, the latest in a series of developments adding to the island’s isolation on the world stage and raising questions about waning American influence under President Trump.
Li Xin is the Managing Director of Caixin Global, the English-language arm of China’s most authoritative financial news source, Caixin. For over 10 years, she has worked closely with the Editor-in-Chief of Caixin, Hu Shuli, whose famously fearless pursuit of investigative reporting has shaped the business landscape and pushed the boundaries of business reporting in a country known for its tight control of media.
Pakistan confirmed Monday that a Chinese couple abducted at gunpoint has been killed, three days after Islamic State militants claimed the killing and sent a video to local journalists purporting to show their bodies.
Ucar, a ride-hailing app launched by Hong Kong-listed China Auto Rental (Car Inc), has led a 2.2 billion yuan (US$324 million) investment into a Tesla-challenger in China, making its foray into automobile manufacturing.
China's auto sales shrank for a second month in May amid weak demand following a rise in the sales tax, an industry group reported Monday.
China’s anti-corruption watchdog has highlighted fake economic data in the Northern provinces of Inner Mongolia and Jilin, in the country’s grain heartland.
Villagers return home after struggling with lack of jobs in urban apartments
