Saturday, December 15, 2018

Founder of US$14.5 billion Chinese pyramid scheme Shanxinhui jailed for 17 years

Founder of US$14.5 billion Chinese pyramid scheme Shanxinhui jailed for 17 years

The founder of a 100 billion yuan (US$14.5 billion) pyramid scheme that claimed to be a charity and whose arrest prompted investors to take to the streets has been jailed for 17 years by a Chinese court. Zhang Tianming and nine of his employees were sentenced by the Shuangpai People’s Court in Hunan province on…
China gets tough on train ‘seat robbers’ who refuse to move

China gets tough on train ‘seat robbers’ who refuse to move

Two Chinese rail passengers have been detained for disrupting public order after they refused to vacate allocated seats, the first reported cases of their kind in the country. One woman, identified only by her surname Li, was ordered to serve seven days in custody over a row that erupted on a high-speed train from Wuxi…
Chinese university student creates a buzz with cheap campus haircuts

Chinese university student creates a buzz with cheap campus haircuts

An enterprising student is creating a buzz at a university campus in southwest China, where his cheap and reliable haircuts are in demand. Ding Weijie, 19, opened an “express hairdressing salon” in his dormitory at the Sichuan Hope Automotive Vocational College in early November, Chengdu Economic Daily reported on Friday. Although Ding is self-taught, his…
Chinese masked tiger man arrested after making people nervous

Chinese masked tiger man arrested after making people nervous

A man who dressed in a furry tiger suit and wore a mask of the benevolent Taoist deity Tudigong has been arrested in southern China after members of the public complained he was too scary for the neighbourhood, according to a local media report. The man was spotted loitering on the streets of Diancheng, a…
China’s lonely bachelors spend thousands with Mekong bride matchmakers to save face and buy time

China’s lonely bachelors spend thousands with Mekong bride matchmakers to save face and buy...

Divorced, in his 40s and fearing a solitary future, Zhou Xinsen went online like thousands of other Chinese men to find an affordable and fast solution to bachelordom – a Vietnamese bride. He was among millions of his gender struggling on the sidelines of China’s ultra competitive marriage market, where a decades-long one-child policy and…
Wanda to build a US$1.74 billion theme park in the cradle of the Chinese Communist revolution to cash in on ‘red tourism’

Wanda to build a US$1.74 billion theme park in the cradle of the Chinese...

Wanda Group, the property and theme park conglomerate built by former People’s Liberation Army officer Wang Jianlin, will spend 12 billion yuan (US$1.74 billion) to build a theme park in the Communist Party’s revolutionary birthplace Yan’an to cash in on the growing trend of so-called “red tourism”. The theme park, in the loess plateau of…
Chinese jogger bleeds to death after crashing into glass door at shopping mall

Chinese jogger bleeds to death after crashing into glass door at shopping mall

A jogger in northeastern China bled to death after crashing through a glass door at a shopping centre, police said. The Public Security Bureau of Dandong, Liaoning, said on Thursday that surveillance cameras showed the man running into the door by accident and smashing the glass. Police officers and paramedics were sent to help as…
China’s ‘Banksy’ and associate go on trial for defacing city walls with graffiti

China’s ‘Banksy’ and associate go on trial for defacing city walls with graffiti

Two graffiti artists went on trial in southern China last week charged with “provoking trouble” after an evening of spray painting walls failed to impress the local police. The male defendants, neither of whom was named, appeared in court in Zhaoqing, Guangdong province on Friday in the first trial of its kind, Beijing Youth News…
Beijing no longer requires local governments to work on ‘Made in China 2025’, but China’s hi-tech ambitions remain

Beijing no longer requires local governments to work on ‘Made in China 2025’, but...

China has stopped requiring local governments to work on the “Made in China 2025” strategy, the latest directive issued by the central Chinese government to local authorities showed, in a clear sign that Beijing is toning down a policy that has become a centrepiece of its rivalry with the US. However, China will continue to…
Beijing no longer requires local governments to work on ‘Made in China 2025’, but hi-tech ambitions remain

Beijing no longer requires local governments to work on ‘Made in China 2025’, but...

China has stopped requiring local governments to work on the “Made in China 2025” strategy, the latest directive issued by the central Chinese government to local authorities showed, in a clear sign that Beijing is toning down a policy that has become a centrepiece of its rivalry with the US. However, China will continue to…
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