China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Closer ties part efforts to quell regional opposition to Beijing’s territorial claims across Asia

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healthcareA U.S. investor has challenged a management buyout proposal to take NASDAQ-listed Sinovac Biotech Ltd. private, saying the management and insiders made the bid one business day after the company received approval to produce a groundbreaking vaccine in China. In February, Chinese bio-pharmaceutical and vaccine firm Sinovac's chairman and CEO Yin Weidong and SAIF Partners […]

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Business group says lack of access ‘politically unsustainable’ as Chinese investment pours into EU

Mergers between state-owned enterprises have little business logic, writes Jingzhou Tao

It is already clear that Brexit will reshape the map of Europe. And, especially given Britain’s stunning unpreparedness for the consequences of its own decision – its strategy and priorities, and even its timetable, remain uncertain – that means that the EU must start figuring out how to make the best of it.

Surge in overseas spending matches China’s emergence as world’s biggest source of outbound FDI

Kyttack Hong exits 9 months after development bank opened its doors

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healthcareChina Resources Healthcare Group Ltd. is near completion of a back-door listing in Hong Kong via a reverse merger with Phoenix Healthcare Group Co., Ltd., according to a disclosure filing. The transaction, initially announced in April, will see Phoenix Healthcare acquire a unit of CR Healthcare by issuing 463 million new shares at HK$8.04 apiece […]

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ShanghaiShanghai couples are rushing to get divorced amid speculation that the city may tighten mortgage rules to further cool its housing market. In Jing'an district, 108 couples were divorced in one day, compared to less than ten divorces daily during calmer times. In other districts, divorce quotas are issued to limit the number of divorces. […]

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taxiDidi Chuxing, China's largest ride share company, announced a partnership with nearly 50 taxi companies across ten Chinese cities to launch new initiatives geared towards improving their efficiency, according to a company announcement. The news came after earlier media reports pointed to Didi's plans to potentially acquire one or more taxi companies in China. "DiDi […]

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Macao, China, August 31, 2016 /ChinaNewswire.com/ – A Facebook fan of Conrad Macao, Cotai Central, Chris Choi from Macao, won a two-night stay in the hotel’s Presidential Suite including breakfast valued at MOP65,000 after uploading a photo of a Conrad Macao Bear to his Facebook page using the hashtag #Travelbear2016. The winning photo was taken… Read More

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baobaoAs an investor behind both industry leaders Alibaba Group Holding Ltd and Didi Chuxing, GGV Capital has invested in nearly 180 projects in the U.S. and China. Do they measure up compared to the successes of Alibaba and Didi? As a venture firm established in 2000, GGV established a Shanghai office in 2005. In 2008, […]

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focusmediaChina Everbright Limited (CEL) and Focus Media Information Technology Co., Ltd. have agreed to establish an new industry investment fund with a targeted fundraising total of RMB5 billion (US$749 million), according to a company announcement. The fund will seek to raise RMB2 billion initially. It will focus on high-growth, early-stage projects in emerging opportunities in […]

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legendHony Capital has raised its eighth private equity fund with US$2.2 billion in total commitments, lower than previously reported US$2.7 billion, according to parent Legend Holdings Corporation's interim report. At the same time, the report revealed that Legend Capital, the venture and growth capital investment division of parent Legend Holdings, raised RMB3.3 billion (US$495 million) […]

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SsqianSeeking to capitalize on a proposed government regulation requiring online lending businesses to use electronic signatures, venture capitalists have poured …

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HunterOnShanghai-based online recruitment app HunterOn says it has raised RMB200 million to expand its recruitment services to more sectors, including …

Activity improved in August as stronger real estate readings offset freight and export weakness

As US President Barack Obama’s eight-year term winds down, he has been facing intensifying criticism for failing to intervene early and forcefully to stop the carnage in Syria – what many call his “worst mistake.” But while Obama certainly made mistakes in Syria, rejecting US military intervention is not one of them.

Mainland groups threaten dominance of groups owned by ‘big four’ Li, Cheng, Kwok and Lee families

Investors fear SFC ruling will erode public debate

Song and dance shows accused of ‘promoting a western lifestyle’

Zhongwang USA’s high purchase price for Aleris does not signify a recovery for the metal

Syria’s civil war is the most dangerous and destructive crisis on the planet. Unfortunately, President Barack Obama has greatly compounded the dangers by hiding the US role in Syria from the American people and from world opinion.

Reports say car carrying a bomb rammed compound gates

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steelA unit affiliated with Chinese aluminum maker China Zhongwang Holdings Ltd. has agreed to acquire Cleveland-based Aleris Corp. from its private equity owners including Oaktree Capital Management for US$2.33 billion including debt, according to a company announcement. The deal, which is being conducted via Zhongwang USA LLC, an investment company owned by China Zhongwang, comprises […]

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Reports say car carrying a bomb rammed embassy gates

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headhunterUOB Venture Management, an investment arm of Singapore's United Overseas Bank Group, has led a RMB200 million (US$30 million) series C round in HunterOn, a Chinese online recruitment start-up, according to a company announcement. Existing investor IDG Capital Partners also participated in the round. Founded in 2012, HunterOn provides a platform connecting recruiters and headhunters. […]

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