China’s leaders want to lift the gray blanket of deadly smog that often chokes Beijing’s residents by shifting power plants to the less populated western part of the country inhabited by minorities. That’s turning into a nightmare for Ani Yetahon who lives in Oriliq, a village about 1,800 miles from the capital where some residents still walk to the well for their water.
The top 10 dealmakers at publicly traded private-equity firms took home at least $1.7 billion in dividends in 2013 as they seized on rallying stock markets to sell stakes in everything from a Chinese insurer to a U.S. theme-park operator to a French floormaker.
Spreadtrum Communications Inc., a Chinese mobile-chip maker, surged to a record in New York after agreeing to a $1.78 billion takeover in the largest proposed acquisition of a semiconductor maker in about a year.
As Chinese President Xi Jinping promises the nation’s biggest market opening in two decades, the reality for some of the most successful foreign companies in the country is a raft of probes and laws that curb their operations.
After leaving a downtown park in southern China where they held banners protesting nuclear tests by China-ally North Korea, Wang Aizhong says he and about a dozen others were tailed to a restaurant by Guangzhou police.