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stock

xu

xiang

财经

Lin Min

CHINA’S legendary investor Xu Xiang kept himself from the public spotlight, never letting his photos appear in the media, even though the unusually high profits of the funds he managed drew much attention.

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shenzhen

startups

Lin Min 

WITH thriving entrepreneurship, Shenzhen, which celebrates its 35th anniversary Wednesday as China’s first special economic zone, is known domestically as the country’s city of startups. Now, the city is becoming more and more appealing to overseas entrepreneurs who want to find an ideal place to start up their business.

 

A Shenzhen Daily story Friday gave a glimpse into a French-invested company that helps entrepreneurs from around the globe develop and begin making products in Shenzhen. Many of these products are the foundation of new businesses. The company, a hardwa

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深圳

创新

Lin Min

LAST month, the New York Times published a review that gave One, a new smartphone produced by Shenzhen-based startup OnePlus, a thumbs-up.

 

The review described One as one of the best smartphones the Times author has ever used, and it is selling for just US$299. The report fueled speculation that OnePlus, established in Shenzhen last year, could be on the way to rival 3-year-old Chinese mobile phone maker Xiaomi, which has surpassed Samsung as China’s top smartphone vendor.

 

OnePlus is just one of a growing army of start-ups in Shenzhen that are testimonials to the innovative and entrepreneurial spirit of Shenzhen, described by some as China’s capital of innovation. The well-known success stories of Tencent, Huawei, ZTE, BGI, Kuang-chi and others have made Shenzh

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埃博拉

防控

ebola

Lin Min

HUNDREDS of thousands of businesspeople from around the world are converging in Guangzhou’s Pazhou for the ongoing 116th China Import and Export Fair, also known as the Canton Fair. Some of them hail from West Africa, where the Ebola outbreak seems to be spinning out of control after killing more than 4,000 people.

Guangdong authorities have taken a series of measures to prevent the deadly Ebola virus from spreading to China. The province has designated 27 hospitals to treat Ebola patients or those suspected of contracting the disease.

According to the South China Morning Post, the airports in Guangzhou, Beijing and Shanghai are requiring passengers from Africa to go separate areas to have their body temperatures scanned.

China has quietly imposed strict

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Lin Min

CHINA’S e-commerce giant Alibaba Group’s upcoming initial public offering (IPO) in the United States is expected to raise a record amount of capital.

The IPO is also expected to be a stellar one given the company’s strong performance and the fast-growing Chinese online shopping market. In its last fiscal year, Alibaba earned US$3.7 billion, making it more profitable than eBay Inc. and Amazon.com Inc. combined.

Alibaba’s U.S. IPO will once again raise the question: Why have many fast-growing companies shunned the Chinese stock market and chosen to raise

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noise

expats

Lin Min

WHILE Shenzhen’s leaders have renewed their aspirations to turn the city into a world-class metropolis, they may not be aware of the chitchat on expat online forums that may offer clues on how to improve the city in the eyes of international citizens.

Last month, an expat from Ecuadorcomplained on Facebook’s Shenzhen Expats Group that he was leaving the city because of the loud honking from cars and buses. After living in Shenzhen for three years, “I have enough of this … I’m moving out of this fake city,” the Ecuadorian, who lived in Shekou and identified himself as “Ke Yunlun” in Chinese, said.

 

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反垄断

Lin Min

JAPANESE carmakers Toyota and Honda’s Sino-Japanese joint ventures in Guangzhou have joined their German rivals Audi, Mercedes-Benz and BMW in cutting prices on auto parts in China after the Chinese Government launched investigations targeting the automaker’s anti-competitive behaviors.

Guangzhou Honda announced Friday an average price cut of about 20 percent for almost 30,000 auto parts, about 70 percent of all parts it produces. Guangzhou Toyota followed suit shortly, unveiling a similar price reduction package. The cuts came after major foreign automakers face punitive fines as the National Development and Reform Commission (NDRC), China’s top planning agency and price regulator, began ramping up efforts

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Lin Min

THE US$15 million donation to Harvard University by the husband-and-wife founders of the real estate development company SOHO China has drawn criticism from nationalist netizens who blasted them for not donating the money to Chinese universities.

 

Pan Shiyi, chairperson of the real estate developer, and Zhang Xin, the firm’s chief executive, rejected the criticism, saying their US$15 million scholarship will help only Chinese students who are offered a place at Harvard, but cannot afford the tuition fees and living expenses.

 

Pan and Zhang signed an agreement with the prestigious U.S. university earlier this month to set up the SOHO China Scholarship to help Chinese students from poor families.

 

 

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文革毕业照

Don’t hide the ugly past

Lin Min

DRESSING up as members of the Red Guard is cool, according to several university students in Harbin, in Northeast China’s Heilongjiang Province, who last week imitated a scene from the Cultural Revolution for their graduation photos.

 

In a photo widely circulated on social media, the graduates are wearing green military uniforms and red armbands, posing as if they are interrogating a man wearing a high, pointed hat and a “board of crimes” on his chest, a scene typical of the Cultural R

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(2014-06-09 19:16)
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政府外籍雇员

 

Lin Min

 

ACCORDING to Chinese-language media reports, the foreign economic and trade bureau of the Pearl River Delta city of Foshan hired four expatriate employees, a rare move by a Chinese government agency even though China opened its doors to the outside world more than three decades ago.

 

Two of the expat employees have been serving the bureau for four months, with their Chinese colleagues lavishing praises on them for bringing

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