THE WORLD’S biggest building got off to a bad start. On the eve of its opening, Deng Hong, the man who built the mall-and-office complex, disappeared. For years Mr Deng had received tributes in local media for turning farmland into glistening conference centres and hotels. The billionaire “conference king” walked with a swagger, chomped on cigars and knew how to please officials. Hefty contracts rolled his way, including one to develop a landmark in the suburbs of Chengdu, a city of 14m in south-western China. This, the New Century Global Centre, was to be his crowning accomplishment, the world’s largest structure by floor space, the size of 246 football fields, or nearly three Pentagons or eight Louvres. Get our daily newsletter Upgrade your inbox and get our Daily Dispatch and Editor's Picks. But then he was gone, swept up in a corruption investigation just before the building’s doors opened in 2013. The media focus shifted to his hubris and his … [Read more...] about How one building reflects the Chinese economy’s struggle with itself
Top chinese e commerce sites
Indonesia's top e-commerce site Tokopedia said Wednesday it has raised $1.1 billion in funding from investors including Japanese tech giant SoftBank and Chinese online store Alibaba. The latest financing round for Tokopedia, which lets users to set up online shops and handles transactions, underscores a push by foreign firms to tap the Southeast Asian nation's soaring online market. Major investors, also including Expedia and China's Tencent, have been pumping billions of dollars into Indonesia's tech start-ups to capitalise on a burgeoning digital economy. Tokopedia, which was set almost a decade ago, said it would continue its focus on the market in Indonesia, a sprawling country of some 260 million people with a swelling middle class. "The company expects to use the funds to build technology and infrastructure that empowers millions of local businesses to grow," it said in a statement. Internet use is growing faster in Southeast Asia than any other region in the world, according to … [Read more...] about Indonesia’s Tokopedia raises $1.1 bn from top investors
Business 23 November 2018 Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link https://www.bbc.com/news/business-46312844 Read more about sharing. These are external links and will open in a new window Close share panel Dolce & Gabbana products have been pulled from Chinese e-commerce sites as the backlash against a controversial ad campaign grows. The … [Read more...] about Dolce & Gabbana products pulled in China
OnePlus is gearing up to release its much-anticipated new phone, the OnePlus 6T, in just over two weeks. Instead of being subject to leaks and rumours like Google was, OnePlus has instead been slowly revealing information about the phone, serving to increase the excitement about the 6T. Here are the confirmed and rumoured features we’re most looking forward to in the new phone. OnePlus 6T: in-screen fingerprint scanner The big news with the OnePlus 6T is that the phone is going to have an in-screen fingerprint scanner. This offers another secure way to unlock the phone, alongside the facial recognition. Personally, I’ve always found the rear fingerprint scanner to be fairly annoying. These scanners were often placed underneath the camera, putting it at risk of smudging, and when you’re using Android Pay, it would add extra seconds for you to work out where to actually find the sensor. If you’ve ever had an angry queue of people building up … [Read more...] about OnePlus 6T: the five features we’re hoping to see in the new phone
Adam Shell USA TODAY Published 10:33 p.m. UTC Aug 22, 2018 The dilemma of what stocks to buy is particularly tricky right now. If you want to own shares of companies, you'll be getting into a market that began rising more than nine years ago and now sits near an all-time high. The bull market, now 3,453 days old, will be the longest in history by the end of trading on Wednesday. And the Standard & Poor's 500, the broadest measure of U.S. stocks, hit a record Tuesday for the first time in six months. So is it too late to jump in and pick up some stocks? Pinpointing market tops is difficult. While Wall Street skeptics have been warning of a big drop for years, this bull keeps proving them wrong, and has risen almost 325 percent since March 2009. That's why investment pros say it's wrong for investors to flee completely. "That would be a mistake," says Cliff Hodge, director of investments at … [Read more...] about What stocks should you buy with the market at a record high?