Chinese leader takes power games to elite youth grou

Shanghai Normal University has stopped taking new students in a school for future party elites.
BEIJING -- The Communist Youth League of China has long served as an incubator for party elites, producing such leaders as Chinese President Xi Jinping and predecessor Hu Jintao. But the current reality paints a starkly different picture from that of an organization packed with idealistic students.
A 26-year-old Beijing office worker joined in his second year of junior high simply by printing out a downloaded pledge and reading it aloud at school. He has few memories of taking part in league activities. Unsurprisingly, some in the organization complain of a lack of pride and camaraderie among members.

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Don Jazzy, Wizkid, Davido make Forbes list of richest Africans

Forbes Africa has released its list of Richest African musicians. The list was put together using factors such as endorsement value, popularity, show rates, sales, awards, YouTube views, appearance in newspapers, investment, social media presence, influence and others. Nigerian artistes, Don Jazzy, Wizkid and Davido, are among the top ten richest African musicians. The top 10 are; 1. AKON Akon has over 35 million albums sold worldwide. He has won numerous awards including five Grammy Award nominations and has 45 Billboard Hot 100 songs under his belt. He tops the list according to Forbes Africa. 2. BLACK COFFEE, SOUTH AFRICA The multi-award-winning artist’s real name is Nkosinathi Maphumulo. He was born in South Africa’s house music province, KwaZulu-Natal (KZN) and raised in the Eastern Cape province, where Nelson Mandela hailed from, before moving back to KZN to study music. 3. HUGH MASEKELA, SOUTH AFRICA Hugh was born in Witbank, east of Johannesburg. He has released more than 43 ...

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Trump: Toyota Faces Big Tax if it Builds Corolla Cars for U.S. in Mexico

US President Elect Donald Trump On Thursday Turn His Attention To Toyota Motor, Threatening To Impose a Hefty Fee On Them If It's Corolla Car For US Market Is Build At Mexico Plant. "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax," Trump said in a post on Twitter. This was Trump's latest broadside against automakers building cars in Mexico and first against a foreign automaker. The president-elect's attacks on investments by companies in Mexico have cast a shadow over cross-border production networks central to more than $583 billion a year in trade between the two countries. The value of the Mexican peso has skidded amid fears that Trump's policies would harm Latin America's second-biggest economy. Toyota, which announced its plan to build a new Mexican facility in April 2015, said the plant in Guanajuato city would not take away from U.S. employment. ...

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China's telecom carriers to invest $43bn for 5G network

Boasting more than 1.3 billion subscribers, China is the world's biggest mobile phone market. © Reuters BEIJING -- Major Chinese telecom service providers are prepared to spend roughly 300 billion yuan ($43.6 billion) by 2020 to achieve nationwide fifth-generation mobile communications coverage, boosting the chances of Chinese technology and services becoming de facto global standards. The 5G technology will bring much faster data speeds than those offered by the 4G standard, and this telecommunications protocol also will be the first developed with the internet of things in mind. Hundreds of billions of devices are expected to exchange data as the internet of things takes hold, and mobile networks likely will serve as a key conduit. Charging ahead China Mobile Communications, which boasts over 800 million subscribers, will develop 5G-related technologies with more than 40 global companies. Participants will include top telecom equipment makers such as Sweden's Ericsson, Fi...

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