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Here's The Difference Between Wealthy US And Chinese Home Buyers
China’s wealthy real estate buyers are snapping up property a lot more often than their American counterparts, according to a new report from Sotheby’s International Realty, which breaks down profiles...
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Witless Foreigners Are Being Lured Into Karaoke Honey Traps In China
Fifteen members of a “karaoke crime gang” have been arrested by Shanghai police for allegedly luring witless foreigners into underground crooning dens and forcing them to pay thousands of pounds for...
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Tencent's Beautiful New Campus In China Spans 6 Old Factory Buildings [PHOTOS]
Chinese internet giant Tencent recently opened brand-new offices in Guangzhou, located in the southern part of the country. Tencent is the young tech company behind WeChat, the wildly popular messaging...
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Chinese Men Buying Brides From Vietnam Is Getting Out Of Control
When Kiab turned 16, her brother promised to take her to a party in a tourist town in northern Vietnam. Instead, he sold her to a Chinese family as a bride.The ethnic Hmong teenager spent nearly a...
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Head Of $2.0 Billion Copper Company Jumps To Death Amid Corruption Allegations
The head of a $2.0-billion Chinese copper producer fell to his death from a building, the firm announced Wednesday, and a state-run newspaper said he committed suicide following corruption...
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China's Most Pompous Millionaire Just Threw A Ridiculously Fancy Lunch For...
Multimillionaire Chen Guangbiao, the self-proclaimed "most influential person of China," held a massive event in New York City on Wednesday during which he handed out $100 bills to 200 homeless people...
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Some Homeless People Are Calling The Fancy Lunch Thrown By A Chinese...
A three-course lunch hosted by an eccentric Chinese millionaire for 250 homeless New Yorkers in a posh restaurant degenerated into fury Wednesday when guests were denied $300 cash handouts.It had...
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China Discovers $15 Billion Worth Of Loans Tied To Fake Gold Deals
SHANGHAI (Reuters) - Chinese gold processing firms have since 2012 used falsified gold transactions to borrow 94.4 billion yuan ($15.2 billion) from banks, the country's chief auditor said.Commodities...
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China Is Forcing Dissidents To Go On Lavish Vacations To Keep Them From...
As top Communist leaders gathered in Beijing, veteran Chinese political activist He Depu was obliged to leave town -- for an all-expenses-paid holiday to the tropical island of Hainan, complete with...
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This Site Shows Who Is Hacking Whom Right Now — And The US Is Getting Hammered
U.S.-based computer security firm Norse has released a real-time animated map that illustrates ongoing cyberattacks around the world. Without a doubt, the U.S. is getting constantly hammered by...
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Chinese Mining Companies Are Fueling Cartels In Mexico
Miguel thought that the iron mine he owned in Michoacán would end up costing him his life. In the last few years, virtually anything that generates money in this western state of Mexico has ended up...
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China's Crackdown On Corruption May Now Be Weighing On Growth
Chinese president Xi Jinping began a crackdown on corruption soon after he came to power.During the leadership transition in late 2012, outgoing president Hu Jintao had warned that corruption "could...
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3 Charts Show That China Is About To Dominate The US In Science
Anyone who watched the moon landing or uses the internet can attest to the strong tradition of scientific innovation in the United States. But China is now poised to blow past the U.S. to become...
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Glaxo Admits Someone Has Been Circulating A Sex Tape Of Its China Chief
LONDON (Reuters) - GlaxoSmithKline <GSK.L> on Sunday confirmed the existence an intimate video recording of its former China head Mark Reilly, which the Sunday Times reported kicked off a bribery...
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China Expels Military Commander Who Nearly Reached The 'Very Apex Of Power'...
BEIJING (Reuters) - Chinese President Xi Jinping struck a key blow in his fight against pervasive graft on Monday with the expulsion from the Communist Party of a former high-ranking military commander...
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A Chinese Bank Regulator Died From Working Overtime — And Officials Applauded...
The Chinese Banking Regulatory Commission Management Committee confirmed this month that one of its staff, Li Jianhua, died of being overworked on April 23— and has suggested that his fatal devotion to...
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China Tried To Build A Replica Of Manhattan ... And It's Not Looking So Great
Yujiapu, in China's Tianjin Binhai New Area, was modeled on Manhattan and expected to become the financial center of the world. But it languishes as many wasteful Chinese ghost cities have.At one point...
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$90 Million Chinese Opening For ‘Transformers’ Is A Watershed Moment For...
The jaw-dropping $90 million opening weekend of Michael Bay's “Transformers: Age of Extinction” in China — just $10 million under its domestic opening — could be a game-changer for Hollywood.That the...
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A Chinese Man Smashed His Brand New Model S To Protest 'Tesla's Arrogance'
A disgruntled Tesla owner took delivery of his brand new Model S last week and promptly smashed its windshield with a wrench, reports the Wall Street Journal.The owner, Yu Xin Quan, a Chinese...
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Asian Manufacturing Picks Up In June
BEIJING/TOKYO (Reuters) - Manufacturing activity in Asia's industrial powerhouses China and Japan gained pace in June, fueled mainly by improving demand at home, but a long-awaited bounce in exports...
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