According to public information statistics, from Evergrande’s listing in 2009 up to before the crisis unfolded in 2020, Xu Jiayin’s nominal share alone amounted to 44.7 billion Yuan (US$6.27B). According to media reports at home and abroad, by 2023, Xu Jiayin will receive more than 50 billion Yuan in dividends (US$7.01B). A veteran observer in ...
The rumblings and rumors of viability have been floating around for the past three years. Still, the world was not prepared for the scale of the economic earthquake that struck in September with the arrest of Xu Jiayin, Chairman of the Board of Directors of the mammoth Evergrande Group. It is not an exaggeration to ...
Gao Yu, age 79, is a Chinese journalist with a conscience who dares to report the undiluted truth as she finds it. She is a long-standing newspaper reporter and online columnist. During her long career as a champion of truth and press freedom, she has been repeatedly harassed, arrested, and imprisoned by the Chinese Communist ...
Following the unleashing of the dreaded Cultural Revolution on the Chinese people in 1966, the victorious table tennis team suddenly came under attack. It was accused of being the sprout of revisionism and it was said that the seven world championship trophies won by the national table tennis team were all bourgeois titles. Rong Guotuan, ...
All Chinese people know that China’s table tennis is a superpower and holds an invincible position in world rankings. However, many people may not be aware of the tragic life and sudden disappearance of Rong Guotuan, the first table tennis world championship winner and the first world championship winner in sports after the takeover of ...
In ancient times, an emperor’s selection of a successor was a matter of paramount importance, a decision that could not be taken lightly. The future of the “realm” rested on this choice: Which son would inherit the throne? Who possessed the capability and wisdom to sustain a nation? With only one crown for the taking, ...
In the north of Fufeng County, Baoji City in Shaanxi Province, exists the Famen Temple, built by the emperors of the Eastern Han Dynasty (A.D. 25-220). The underground palace pagoda in the temple enshrines a section of the authentic relic of Buddha Shakyamuni’s middle finger bone. Red Guards attack the Famen Temple In 1966, a ...
Ma Sicong talked about his tribulations and abuses during the Cultural Revolution. On May 16, 1966, the dreaded Cultural Revolution was unleashed on the Chinese people by the Despot, Mao Zedong. Central Conservatory of Music students put up posters for their Dean, Ma Sicong, at the end of May. Overnight, Ma Sicong became a target, ...
In the throes of the Cultural Revolution, the renowned Chinese musician Ma Sicong and his family fled to the United States. This story became a worldwide sensation. We explore how he escaped, why he needed to run, why he and his family stayed in a cave, and the outcome of his perilous journey — extracts ...
In the world today, there are still many, many good-natured and righteous people. Quietly doing good and charitable deeds without publicizing them shows strong character and inner security. Some individuals do noble deeds for the greater good, yet silently endure the stigma of being falsely accused, misunderstood, and maligned, such as Chinese Doctor Wei Weng. ...
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