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Wealth Of China s Richest Plunges By 39% In 2022

Wealth of China s Richest Plunges by 39 Percent in 2022

Forbes recently released China’s Richest 2022.  Among the top 100 richest people, 79 of them saw their wealth .

Lei Jun was not interested in Tencent QQ, but tried to buy NetEase

During his annual speech, Lei Jun cleared the rumors on Tencent QQ acquisition. He also disclosed details about Joyo deal.

China Detained Man Named Ma , News Wiped $26 Billion Off Alibaba s Stock

Rumors of Alibaba's Jack Ma getting arrested briefly wiped $26 billion from the e-commerce giant's market value.

Xi Jinping Revives Pro-market Policies to Bolster Economy Ahead of 20th Party Congress

Are President Xi Jinping’s recent turn to liberalized measures on technology firms and his commitment to using infrastructure projects to boost the economy an indication that the supreme leader has adopted a relatively pro-market approach to policymaking? At a late April Politburo meeting, Xi, who is also General Secretary of the Chinese Communist Party (CCP), said that Beijing would promote …

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