Chinese unmanned store Bianlifeng has received huge investment from Tencent and Hillhouse Capital, according to local tech website itsiwei.com. If the news is confirmed, it will be the first time for the operator of staff-less stores and vending machines to receive exterior investment. In February 2017, Bianlifeng was invested with 300 million US dollars by …
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How does Chinese Hollywood fade out?
A remote Chinese city has grabbed the headlines, as the so-called Chinese Hollywood has become the storm center of the back taxes scandal of celebrities. To enjoy the tax beneficiaries, more than 1,600 film and television production enterprises registered in the Horgos, which is located in west China’s Xinjiang Uyghur Autonomous Region. However, the city …