‘Shameful’: Chinese school faces backlash for demanding new students’ family wealth details

Chinese student sets up a will bequeathing US$2.9 million estate to childhood friend

A 19-year-old Chinese student recently made a will bequeathing his personal wealth of 20 million yuan (US2.9 million) to his childhood friend, sparking heated discussion online. The teenager from Shanghai, surnamed Li, recently set up a notarised will to bequeath the property under his name, including a flat and savings of millions of yuan, to his childhood friend. Li claimed that his parents had divorced and remarried, and gave him the property he now owned. They did not spend much time with...

Chinese billionaire Guo Wengui sentenced to 30 years for fraud

The judge said Guo ‘preyed on those seeking to bring Democracy to China,’ taking their money so he could live lavishly

Self-exiled Chinese billionaire gets 30 years in US prison for fraud conviction

A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars. Guo Wengui, who fled China a decade ago and reinvented himself as a U.S.-based Communist Party critic, was sentenced in a Manhattan courtroom packed with his supporters by Judge Analisa Torres. She said he preyed on those seeking to bring Democracy to China, taking their money so he could live lavishly.

गुन्द्रुकले बदलेको ग्रामीण महिलाको जीवनस्तर

हेटौँडा । केही वर्षअघिसम्म हेटौँडा उपमहानगरपालिका–१२ घलेगाउँकी ३८ वर्षीया श्रिया गुरुङको दैनिकी अधिकांश ग्रामीण महिलाजस्तै थियो। बिहानदेखि साँझसम्म घरधन्दा, खेतबारी र पशुपालनमै समय बित्थ्यो। दिनभरि मिहिनेत गरे पनि आफ्नै आम्दानी थिएन। परिवारको खर्च श्रीमान्को कृषि आम्दानीमा निर्भर थियो। एउटी छोरीको भविष्य, घरखर्च र बढ्दो आर्थिक दायित्वले उनलाई सधैँ पिरोल्थ्यो। ‘आफ्नो कमाइको एक रुपैयाँ पनि थिएन। []

Chinese billionaire Guo Wengui gets 30 years in U.S. prison for fraud conviction

Guo said he came to the U.S. to destroy the Chinese Communist Party. But the judge said he instead diverted investor money to live lavishly.