Hints and tips:
...Lei, a 37-year old Shanghai resident, plans to open a restaurant in March and rented his shop at the peak of the outbreak late last year. He says rents for similar shops have now increased 30 per cent....
...Han and Wanwan Lei....
...It looks like that is not possible,” said Li Lei, 24. Private transport by road was still allowed....
...“We started last year in large cities, but . . . scale didn’t become large until this year,” said Yang Lei, Hellobike’s 30-year-old chief executive, in an interview....
...This is partly because of the confusion over the regulations concerning CDRs [Chinese depositary receipts], and Xiaomi’s about-turn on them,” said Chen Lin, assistant professor of marketing at the China...
...Earlier this month Lei Jun, chief executive, wrote on Facebook: “A few years ago, we rushed too fast . . . We must slow down and earnestly learn from our mistakes.”...
...Soloist Chien-kwan Lin, mimicking the sounds of folk reed-playing and funeral wailing, often blew on his mouthpiece alone....
...Additional reporting by Luna Lin...
...Mr Lei said it was, and assembled a team. Among his early recruits was Lin Bin, the former head of Google’s operations in China....
...Lin Bin, Xiaomi co-founder and president, said the company would eventually like to see revenues split evenly between hardware and services....
...Investors include All-Stars Investment, DST, GIC, Hopu Fund and Yunfeng Capital among others, according to a Facebook announcement by Lin Bin, Xiaomi’s president....
...Formerly of Microsoft and Google, Mr Lin joined in 2010 to found Xiaomi with Mr Lei and five others....
...Mr Lei asked Lin Bin, who was in charge of daily operations, to concentrate on supplier negotiations instead of product design....
...Lei Jun, the serial entrepreneur and angel investor who is Xiaomi’s founder and chief executive, once joked that in order to take on Apple, he would have to combine Google, Microsoft and Motorola....
...“My house is the only one left from our commune,” said Lin Jianyun, 71, through tears. “I’ve come looking for food for me and my wife.”...
...Instead of exhorting the people to fill themselves with the Lei Feng spirit, the state-controlled media these days urges them to follow Mr Lin’s example by making long-term investments in quality stocks...
International Edition