A man and a woman were both found burned to death in a red Hyundai sports car set on fire in the woods near Yiwu, Zhejiang province on January 6. Witnesses say that they saw something tied to the two people and that it didn’t ‘look like a regular accident’, according to reports.

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The Shanghai metro system is a sprawling behemoth that continues to grow each day. The massive size of the mass transit system reaches to the seldom visited outskirts of Shanghai. A recent photo project by British photographer Liz Hingley displays the vast diversity of people and surroundings at these farthest subways stations in Shanghai.

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Illegal cash flows into Hong Kong from China, as a result of excessive or falsified mainland export invoices, has culminated in US $155 billion over the course of March 2012 through 2013.

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China’s social media platforms are all abuzz over these images of a young woman who was spotted on Beijing’s East 3rd Ring Road holding up a sign reading ‘Ravish me all you want’ (or ‘Play me all you want’) in -5° Celsius weather.

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Since 2000, China’s State Council has banned (but not necessarily enforced) the sale of foreign game consoles, such as Nintendo and Microsoft, in the mainland, but gamers throughout China can now rejoice―the government has announced its temporary lift on the ban.

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China’s consumer price index (CPI) increased 2.5% in December 2013. Food prices went up 4.1% and non-food prices hiked 1.7%, according to data released by the National Bureau of Statistics. CPI is up 2.6% in 2013 compared with 2012. Producer price index (PPI) declined 1.4% in December 2013. PPI was unchanged compared to November. PPI

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The author is Nomura economist Zhiwei Zhang The Chinese authorities are due to release a batch of December macro data over the next few weeks. We expect GDP growth to slow to 7.6% in the fourth quarter from 7.8% in the third quarter. Industrial production growth to trend down further to 9.7% in December from

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Boston-based global growth private equity firm TA Associates has promoted Edward Sippel and Naveen Wadhera to co-heads of Asia in its Hong Kong office, effective January 1, 2014, according to a company announcement. Sippel focuses on investments in the Asia Pacific region. He advised on TA’s 2013 investment in Nintex Group as well as earlier

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Kunshan, Jiangsu Province-based RiboQuark Pharmaceutical Technology has raised around RMB45 million ($7.5 million) in series A financing, according to media reports. Shanghai-based venture capital and private equity firm BVCF led the round. SBI Incubation, a subsidiary of SBI Group of Japan, Kunshan Industrial Technology Research Institute Investment and Kunshan Hongtu Hi-tech Venture Capital Management also

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Shanghai-based mobile game service provider MorningTec says that it has raised RMB50 million ($8.3 million) in series A funding from Haitong Creative Capital, according to a company announcement. MorningTec previously received seed funding from investors including PreAngel Fund. Founded in 2013, MorningTec focuses on mobile entertainment and new technology development of mobile application, with Stella

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