Baidu CEO nominated to be academician; protest follows

BY CHINA DAILY Baidu CEO Robin Li Yanhong’s recent nomination for the country’s highest academic title in engineering has triggered heated debate, with some netizens claiming Li was unqualified because of his search engine’s insufficient regulation of fraudulent medical advertising. Li was one of 531 candidates, including 114 entrepreneurs, who might become academicians of the Chinese Academy of Engineering at the end of the year, … Continue reading Baidu CEO nominated to be academician; protest follows

Jia Yueting: from challenger to Apple, Tesla to ‘debt-ridden fugitive’

BY SILVI WRITER China’s securities regulator launched a formal investigation of debt-ridden fugitive businessman and disgraced entrepreneur Jia Yueting (贾跃亭) and Leshi Internet Information & Technology Corp., the Shenzhen-listed unit of LeEco, which Jia founded. Both are being probed for alleged violations of information disclosure regulations, according to a regulatory filing Monday by Leshi. Leshi said the company and Jia will actively assist in the regulator’s … Continue reading Jia Yueting: from challenger to Apple, Tesla to ‘debt-ridden fugitive’

China’s most influential business leader

BY CHINA DAILY The 74-year-old Ren Zhengfei, founder and CEO of Huawei Technologies, is the most influential business leader in China, according to the latest ranking released by business magazine Fortune’s Chinese edition.   Pony Ma Huateng, founder and CEO of tech giant Tencent, came in second followed by Chen Dongsheng, founder, chairman and CEO of Taikang Insurance Group. Alibaba chairman Jack Ma grabbed fourth … Continue reading China’s most influential business leader

From ‘Tobacco King’ to ‘Orange King’, China’s oldest entrepreneur dies at 91

BY SILVI WRITER Chu Shijian(褚时健), China’s oldest entrepreneur, passed away in his hometown of Yuxi, in Southwest China’s mountainous Yunnan province, on Tuesday, aged 91. His perseverance and endurance through difficult times have inspired many people in China. Born on Jan 23, 2018, Chu was known as China’s “tobacco king” and the founder of Chu Orange. He became director of the near-bankrupt Yuxi Tobacco Co … Continue reading From ‘Tobacco King’ to ‘Orange King’, China’s oldest entrepreneur dies at 91

92-year-old Chinese becomes oldest person to reach the South Pole

BY SILVI WRITER “Now I’ve had all my dreams come true,” said Qiu Xiegeng, who became the oldest person to reach the South Pole earlier this month. The 92-year old reached the South Pole, about 17,000 km away from his hometown in eastern China, during this Spring Festival holidays. Before Qiu, American astronaut Buzz Aldrin, the second man on the Moon, was the oldest person to reach … Continue reading 92-year-old Chinese becomes oldest person to reach the South Pole

Legless doctor treats villagers for 17 years in mountainous Chongqing

BY PEOPLE’S DAILY Li Juhong, a 37-year-old legless village doctor in a small rural area in southwest China’s Chongqing has touched many Chinese netizens for her devotion to providing medical treatment for thousands of villagers over the past 17 years. At the age of four, Li was hit by a large speeding truck on a mountain road outside of Wadian Village in Chongqing where she … Continue reading Legless doctor treats villagers for 17 years in mountainous Chongqing

The Filipino behind the most favoured snacks in China

BY WILLA WU, CHINA DAILY   The story behind the Oishi Shanghaojia brand, one of the most respected and recognized in China, is a remarkable tale of how the reform and opening-up policy drew foreign investment to the country. Oishi Shanghaojia is an offshoot of the Oishi brand in the Philippines, which is owned by the Liwayway Group. It was brought to China by Carlos … Continue reading The Filipino behind the most favoured snacks in China