In yet another case involving a good deed gone wrong in China, Wu Weiqing, 46, of Dongyuan, Guangdong Province committed suicide after helping a senior citizen who seemed to have been knocked over on New Year’s Eve.

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Sina.com and Alipay.com announced that the two parties will realize full intercommunication between Sina Weibo and Alipay accounts to provide convenient Weibo payment services to users in China. With the cooperation, users will be able to complete online payments on the Weibo microblogging platform as well as use for offline daily retail consumption with the

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Lindsay Lohan may have become the victim of an extortion plot following the theft of her laptop at Shanghai’s Pudong Internationl Airport.

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We just love stories that read like this:

“Beijing authorities will set up a complaint hotline to supervise the operation of hotlines, convenience services phone numbers and emergency phone numbers of government agencies and State-owned enterprises…

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Redfoo @ MOOK Part of the musical duo LMFAO, Redfoo does know how to party things up.LMFAO is best known for their song “Party Rock Anthem”, for which it had reached #1 and sold over 10 million records. ARE YOU READY FOR THE CHAMPAGNE SHOWERS？ 300RMB // 23:00-Late // 758 Nanjing West Road Alex Flatner @ Lola The personal data sheet of Alex Flatner is a buzz famous…

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Zurich-based fund of funds manager Adveq says it has promoted Viswanathan Parameswar to executive director and the firm’s head of Asia as of January 1, 2014, according to a company announcement. In this role, Parameswar is responsible for Adveq’s investment activity in the Asian region. Parameswar joined Adveq in 2009 in the investment management team

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Good morning Beijing! Today is Friday, January 10, 2014.

Weather forecast: Sunny. Today’s high will be 4℃, low of -9℃.

Air Quality Index (AQI) from the US Embassy as…

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Beijing-based alternative investment firm CDH Investments is likely to close its fifth fund at $2.5 billion in the next few weeks, according to media reports. The final tally is $500 million over its fundraising target of $2 billion for the firm’s latest vehicle, CDH Fund V L.P. Lately, CDH Investments has backed Chinese tech companies

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The authors are Goldman Sachs Gao Hua global economics research analysts Yu Song amd Li Cui China’s December consumer price index (CPI) inflation data was below market expectations. December CPI went up 2.5% year-on-year, compared with Bloomberg consensus of 2.7% and our estimate of 2.4%. Producer price index (PPI) declined 1.4% in December, in line

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Chinese-run Western establishments have spread throughout Shanghai like wildfire this past year; the most recent being The 1st Seasons, an upmarket Western restaurant offering a truckload of meat, some fusion touches dreamt up by Chef Leo Wang, and film-inspired design. It’s an exciting concept, but one of the weaker entrants in the Chinese-run Western genre. Since we’re talking film, it feels like an average foreign remake of a classic…

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