Chinese billionaire Wang Jianlin is buying a 20% stake in Spanish football club Atletico Madrid for €45m ($52m; £34m) as he looks to diversify his business empire further. He heads China’s biggest property company Dalian Wanda, which has been buying up big foreign brands amid a weak domestic real estate market. This includes US cinema…
Four district officials have been sacked over a stampede on New Year’s Eve in the Chinese city of Shanghai that left 36 people dead.
Twenty-two people have been confirmed dead after a tugboat capsized on the Yangtze river in eastern China, state media report. The boat, with 25 people on board, overturned on Thursday while it was conducting tests near Zhangjiagang, in Jiangsu province.
China has confirmed it is investigating a powerful intelligence chief, Ma Jian, for corruption. The Communist Party’s discipline watchdog said Mr Ma was suspected of “serious violations” of the law. Mr Ma is the latest high-ranking figure to be targeted in an ongoing crackdown on corruption among party officials.
File photo taken on Nov. 13, 2014 shows couriers sorting parcels at an express facility in Weifang, east China’s Shandong Province.
Last summer, before the fall of the ruble took the wind out of Russia’s sails, Russian leader Vladimir Putin memorably questioned the validity of Kazakhstan’s existence as a state.
(Zoe Li, for CNN) Ask people for a list of things China is famous for and you might expect a healthy dose of sarcasm.But cast aside cynicism and you’ll find a number of incredible things China does best.