Speaking at Harvard University on Thursday China’s richest man, Wang Jianlin, admitted that close relatives of Chinese president Xi Jinping had been shareholders in Dalian Wanda, but credited the commercial property developer’s success to its innovative business model and management… Read More>>
Hang Lung’s Gerald Chan to Give $350M to Harvard
Gerald Chan of Hong Kong’s Hang Lung Properties became the biggest donor ever to Harvard University on Monday, when the Massachusetts-based institution announced that Chan would be making a $350 million gift to the university’s school of public health.
The… Read More>>
Evergrande Bites into China’s Food Business as Property Slows
Evergrande Group, one of China’s biggest real estate developers, launched three new agribusiness subsidiaries on Monday, as the slowdown in the country’s housing market sends property firms searching for new profit centres.
Evergrande’s new ventures into grain and vegetable oil,… Read More>>
China to Allow 100% Foreign-Owned Hospitals
China took a major step towards opening up its healthcare sector to foreign investment this week, when the Ministry of Commerce and the National Health and Family Planning Commission jointly announced that foreign companies will be allowed to wholly own… Read More>>
SOHO China Owners Give $15M for Harvard Scholarships
China’s real estate elite continued to build bridges with the US this week when Zhang Xin and Pan Shiyi – the flamboyant couple behind developer SOHO China – announced a $15 million gift to Harvard University.
The pair of property entrepreneurs donated… Read More>>
Harvard and Evergrande Clarify Plans for China Hospitals
A hospital affiliated with Harvard University this week restated its interest in developing hospitals in China together with real estate developer Guangzhou Evergrande. The potential cooperative healthcare project was first reported in December last year, shortly after the property firm… Read More>>
Evergrande Joins with Harvard to Build Hospitals in China
Evergrande Group, one of China’s largest real estate developers, will soon be developing private hospitals in the country under a cooperation agreement with Harvard University.
Harvard and Evergrande jointly announced the agreement, which was signed on Monday, which calls for… Read More>>
China Real Estate Giants Now Investing in Harvard
Not content with buying buildings in New York or purchasing Picassos, China’s real estate moguls are now investing in Ivy League universities.
Harvard University announced on Monday that it is receiving a gift of “university-wide, interdisciplinary support” from Chinese property… Read More>>