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Hony Capital, SoftBank Inject $500M To Fuel WeWork’s Expansion In China

Chinese private equity firm Hony Capital and Japan's SoftBank Group Corp. have agreed to inject US$500 million into an investment vehicle to operate WeWork Cos.'s China unit to fuel the American co-working giant's growth and expansion throughout China.

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Despite the recent rapprochement between U.S. President Donald Trump and China President Xi Jinping over North Korea issues, China remains a competitor to the United States under Trump's "America first" agenda.

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San Francisco and Silicon Valley are top targets for China’s main intelligence agency and Beijing’s efforts to steal billion of dollars in US trade...

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In 2010, Chinese-American journalist Lenora Chu moved with her family to Shanghai where students regularly have some of the top math and reading test...