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Sophie Shao
Attended Harvard University
Lives in Cambridge, MA
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“The length of our marriage is 102 years, and we have 87 years left. After 87 years you can marry some else. But within these 87 years, you cannot change your mind.” Such was Jack Ma’s blessing at a mass wedding for Alibaba employees on May 9 in Hangzhou, just three [...]
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On May 6th Alibaba Group Holding Limited formally started the process for an IPO in the US, a highly anticipated listing given the size of the offering, the impact of the issuer on the Chinese economy, and the 15 eventful years that have elapsed since the company was founded. The filing [...]
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My story in the May issue of the Forbes Asia magazine about China's booming cruise market. The growing Chinese middle class, seeking an escape from the city, fresh air, romance or, simply, as the Americans would say, to “chillax,” are the real drivers.
China's leisure cruise industry, like seemingly everything else, is going big in a hurry.
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An explosion occurred around 7pm Beijing time on Wednesday at the Urumqi railway station in China’s Xinjiang Uyghur Autonomous Region. At least 50 were injured, Chinese media quoted the police as saying. Pictures circulating online show an area of about 100 square meters rattled, with broken luggage littering the partially blackened [...]
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Victoria Tsai has an undergraduate degree from Wellesley, an MBA from Harvard, a resume filled with respected brand names and in 2009 launched Tatcha, a thriving beauty company. Somewhere in there she also got married and had a daughter. Still, her mother wasn’t impressed - until one day she appeared [...]
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A most telling sign of China’s enormous consumption demand, $9.3 billion worth of orders were placed during the 24-hour “Singles Day” online shopping festival hosted by Alibaba on Tuesday.  The transaction amount surpassed analysts’ forecast of $8.1 billion and dwarfed last year’s $5.8 billion, though a certain percentage of the orders [...]
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By Gordon H. Chang and Shelley Fisher Fishkin In proclaiming May as Asian Pacific American Heritage Month, President Obama highlighted the contributions of Chinese railroad workers in helping complete the most important construction project in mid-19th century America.  On May 10, 1869, Chinese employed by the Central Pacific Railroad laid the [...]
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For the third time in two months, a Chinese train station was the scene of a bloody attack this week. At least two of these incidents were linked to the restive Muslim region of Xinjiang, where China has been trying to cope with increasing levels of violent opposition. On Tuesday, six [...]
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$6 billion – that is the amount of money that Chinese companies have committed to investing in U.S. technology firms in the first quarter of this year, according to a report this month by the Asia Society and Rhodium Group. This was no small jump, given that the peak annual [...]
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 (This is a guest post by Hilary Flannery) China’s building boom helped to lift a record 152 billionaires from the mainland onto the 2014 Forbes Billionaires List published last month. Chinese real estate developers, starting from the top of that elite group, were prominent among the group. The No. 1 mainland Chinese on the list [...]
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This past week CITIC Group Corporation (Citic) announced its intention to list the bulk of its operating assets on the Hong Kong Stock Exchange (HKSE). How it will do so raises valuation questions, about which I will discuss more below. But the fact that it is doing this is far [...]
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  • Harvard University
    2013
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