Xiaomi CEO Lei Jun introduces the SU7 in Beijing on March 28. [Photo/Agencies] No model has ever garnered more attention in China than the Xiaomi SU7, which was launched on Thursday night in Beijing. It may sound unbelievable but the launch event attracted more than 40 million views on Xiaomi Auto’s Weibo alone. Even guessing … Continue reading All eyes on Xiaomi car to see if it can trump rivals
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Chinese billionaire Wang Jianlin’s restructured company attracts $8.3b new investment
Customers visit a Wanda Plaza in Xiamen, East China’s Fujian province. [Photo by Zhou Daoxian/For China Daily] Chinese billionaire Wang Jianlin’s restructured company Xindameng attracted a new investment of about 60 billion yuan ($8.3 billion) on Saturday, marking the largest single investment in the Chinese private equity market in five years. Investors, which include private … Continue reading Chinese billionaire Wang Jianlin’s restructured company attracts $8.3b new investment