OPINION: We Can’t Wait and See how Narcissist Politicians and Egos Destroy the World

BY WANG XIAOZHU As I checked in at a Beijing hotel the other day, my attention was caught by a massive world map on the wall behind the reception desk. What struck me was not its size, but the fact it was different from the maps I’d seen displayed in Europe. In this map, the central point was the Pacific Ocean rather than Western Europe. … Continue reading OPINION: We Can’t Wait and See how Narcissist Politicians and Egos Destroy the World

Tencent, Alibaba not even China’s Top 500 Private Enterprises

BY SILVI WRITER   Tencent and Alibaba, despite of being widely regarded as the world’s largest and most outstanding internet companies, were both missing from a list of China’s top 500 private enterprises, released on Wednesday by the country’s government branches. Same as last year, Guangdong-based tech giant Huawei has been crowned the top private company with a revenue of 603.62 billion yuan ($88.57 billion) … Continue reading Tencent, Alibaba not even China’s Top 500 Private Enterprises

Country Garden Denied “Rumour” of Massive Job Cut

BY SILVI WRITER   China’s largest developer denied “rumour” that its has a plan to cut jobs, but confirmed the group will continue to optimize its “team structure” according to Chinese media on Wednesday. “The group has no plan to cut jobs. Continuously optimizing the team structure is part of the company’s daily management,” Country Garden said in a statement. “Our company always focuses on … Continue reading Country Garden Denied “Rumour” of Massive Job Cut

Exclusive: China’s Largest Developer Country Garden to Cut 30% Jobs

BY SILVI WRITER   China’s troubled largest property developer Country Garden will cut up to 30 percent jobs, while employees who joined the company less than a year ago will have to leave, sources said. Country Garden has already issued a notice on this decision of major job cut, according to banking sources in China on Tuesday. China’s property developers have been facing tightened liquidity … Continue reading Exclusive: China’s Largest Developer Country Garden to Cut 30% Jobs

China Created Over 200,000 Local Jobs in Belt & Road Countries, says Xi

BY SILVI WRITER   China has created more than 200,000 local jobs in Belt and Road countries, President Xi Jinping said in Beijing on Aug 27, while confirming, once again, that the Initiative doesn’t aim at building any geopolitical or military alliance. He noted that the Belt and Road Initiative (BRI) doesn’t “differentiate countries by ideology nor play the zero-sum game”, at a time when … Continue reading China Created Over 200,000 Local Jobs in Belt & Road Countries, says Xi

Turkey May Delay Panda Bonds Issuance amid Jittery Markets, Source said

BY SILVI WRITER   Turkey’s plan to issue bonds in China’s panda market may be delayed, as Beijing is concerned about Ankara’s economy and stability in the long run, source familiar with the matter told Silvi media. Issuing panda bonds – yuan-denominated debt sold in China by foreign firms or governments -would help Turkey release its financial stress and would support the falling lira, Turkish … Continue reading Turkey May Delay Panda Bonds Issuance amid Jittery Markets, Source said

Doubt Cast on Didi’s Overseas Expansion after 2nd Woman Raped, Killed by Driver in 3 Months

BY SILVI WRITER   A second rape and killing tragedy in three months involving a 20-year-old woman passenger using Didi Chuxing’s ride-hitching service, Didi Hitch, in China may cast doubts on the Chinese company’s aggressive overseas expansion. The new tragedy, happened on Aug 24 in the eastern Chinese city of Wenzhou, has placed the China’s largest car-hailing platform back under scrutiny, after stepped-up security measures … Continue reading Doubt Cast on Didi’s Overseas Expansion after 2nd Woman Raped, Killed by Driver in 3 Months