Pony Ma, founder and chairman of China’s tech titan Tencent, has become the richest Chinese in the world as he total assets have accumulated to 295 billion RMB ($47 billion), according to the Hurun Global Rich List 2018 released by Hurun Report on Feb. 28.Ma ranked 15th globally, up from 23rd a year ago.Ma is the 13th Chinese man to top the list since Hurun Report established this ranking program.The growth in his wealth came principally from the rise of Tencent stock over the past year. Its stock price soared 114.4% in 2017, helping the company enter the exclusive US$500 billion market value ...
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2018
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China welcomes other countries to "take a free ride" on its high-speed development, while firmly defending its rights and interests, a Foreign Ministry spokesperson said here Thursday.Media reported that some US officials said China did a good job in promoting free trade, but in fact actually practiced extreme protectionism.Spokesperson Hua Chunying said the world knows which country is actually promoting protectionism, emphasizing its own national interest, and adopting the beggar-thy-neighbor approach.
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2018
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Hebei will spare no effort to build the Xiongan New Area with forward-looking plans and higher standards, said Xu Qin, governor of north China’s Hebei Province, on the first session of the 13th Hebei Provincial People’s Congress which opened on Jan. 25.
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2018
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On January 17, the U.S. Navy’s guided-missile destroyer the USS Hopper sailed near China’s Huangyan Island without permission from the Chinese government. The Chinese Navy immediately indentified the trespassing U.S. warship and warned it leave Chinese waters. The reckless provocation ended in disgrace for the U.S. Navy.
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2018
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Recently, U.S. hotel giant Marriott created a furor in China after it incorrectly labeled certain regions in China, including Tibet, as countries, and “liked” the post of a separatist group, seriously violating national laws and hurting the feelings of the Chinese people.Afterward, Marriott International President and CEO Arne Sorenson apologized to China and the Chinese people over the mistake, stating that Marriott International “respects and supports the sovereignty and territorial integrity of China.”
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2018
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