Xia said his university plans to invest almost 110 million yuan ($16.5 million) to build facilities that will cover about 14 hectares on the campus. The facilities, including three training grounds and an 800-meter horse racing track, will be used to host the Military World Games in Wuhan in 2019. T...

Red Bull Vitamin Drink's main shareholder is locking horns with its partner in the Chinese market over a trademark dispute, due to the pending renewal of a trademark licensing agreement that expired last year. The joint venture was established by two Thai companies: TC Pharmaceutical Industries, the...

The capital of Hubei province has started a program to allow businesses to flourish in run-down and abandoned villages. Zhou Lihua and Liu Kun report from Wuhan, with Chen Mengwei in Beijing.At a time when large cities are still sucking in rural residents from across the nation, a major city in Cent...

Lawsuits have been filed seeking the forfeiture of nine properties across Southern California worth more than $30 million and allegedly purchased with proceeds from an EB-5 visa fraud scheme.The nine lawsuits allege that much of the $50 million collected by the California Investment Immigration Fund...

New tax incentives for venture capital firms and angel investors are expected to encourage them to invest more, which will likely help boost the tech startup sector, said senior industry executives.In April, the Ministry of Finance and the State Administration of Taxation announced certain benefits ...