Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Imagine if the son of Bill Gates or Warren Buffett posted a picture of himself on a bed, on top of his dog, accompanied by a vulgar caption.
Controversial? A little.
So after the 27-year-old son of Wang Jianlin—China's second richest man, who has a net worth of more than $24 billion, according to China's Global Times—did just that, that country's state-run news agency has come out with a critical editorial against the son, Wang Sicong.
The editorial, which ran in Xinhua on Wedensday, was titled titled "Son of the rich, do not treat vulgarity as a personality."
The piece said that Wang's penchant for racy social media posts—including one from Valentine's Day about women's body parts, which also went viral—have hurt the country's image.
It also said that he has "stained the purity of the Chinese," and such "virus-like" voices will encourage "vulgar trends in society." It warned people not to pay attention to "arrogant and coarse celebrity."
According to Chinese media reports, Wang responded by calling one critic "a moron."
Wang posted the controversial picture to social media site Weibo back in March. It has since been removed.
He has more than 11.5 million followers on the site, most of whom are young women.