Wanda Group

Turkish tourism players want to host 1 million Chinese travelers in 2018, which has been declared "Turkey Tourism Year" in China, within the framework of the "One Belt One Road" project. 

At an internal meeting in April, the new head of China’s banking regulator said he would resign “if the banking industry becomes a complete mess”. On Friday Guo Shuqing and colleagues at the China Banking Regulatory Commission were working to ensure that they had not just created exactly that.

Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending.

Forbes top-30 listed billionaire Wang Jianlin (29th) saw his wealth dissipate by a mere (!) 3.6 bln US dollars in just 24 hours, after the crash in the Chinese stock markets on Monday.