The Stream, a social media community with a daily TV show on Al Jazeera, has put together content from different social media sources about Chinese billionaires, known as the ‘red aristocracy' for their connections with Communist Party leadership. Written by Violeta Camarasa · comments (0) Share: Donate · facebook ·...
Chinese billionaire Lei Jun’s Kingsoft Corp. has agreed to buy a 12.7% stake in data store company 21Vianet for $172.0 million, Kingsoft said in a statement today. Lei, better known as the CEO of China’s No. 1 mobile phone vendor Xi... Read Post
Zhejiang Daily Media Group, a large and rising state-controlled media company in China, plans to buy two businesses from Shanda Interactive, the online gaming and entertainment company controlled by Chinese billionaire Chen Tianqia... Read Post