Prosecutors say that because Bo Xilai has rejected the charges against him and challenged them in court he should be shown no leniency in sentencing
2013-08-26
SAIF Partners has co-founded China Telescope Investments with Du Yucun, former CEO of Tianjin Home World Group, a Chinese supermarket chain operator, according to Chinese media reports. At the same time, China Telescope Investments' first China retail growth fund has reached a preliminary closing of RMB300 million ($49 million). The fund will focus on the […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-08-26
The Atlantic reports: Here are just a few of the findings of recent investigations into the state of Chinese farms: China's farmland is shrinking. Despite the country's immense geographical footprint, there just isn't that much to go around. Between 1997…
2013-08-26
Social networking app maker Cihi says it has received RMB20 million ($3.27 million) series A financing, according to Chinese media reports. The investor's identity is not disclosed. Founded in 2012, Henan province-based Cihi is developed by Zhengzhou Xiaowa Technology Co., Ltd. Cihi allows strangers to chat with others who have similar interests and ideas. The […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2013-08-26
U.S.-based Rackspace, a provider of cloud computing and Web hosting services, has its eyes set on Asia. Rackspace has been circulating a marketing survey asking for feedback on requirements for the company's on-demand infrastructure service that combines scalability with affordability. The company promises to donate small funds to a children's charity in exchange for each […]
2013-08-26
Chinese online game developer and operator Shanda Games launched a new mobile game operating platform G.sdo.com aimed at the mobile game distribution market. The G.sdo.com app store also integrates content, services and users. In the next 12 months, G.sdo.com will publish 36 products and open an API to third-party developers. According to Qian Donghai, president […]
2013-08-26
Chinese dairy company Mengniu published a report stating that its joint venture project with Danone, which was first raised in May 2013, is now in the process of setting up. This indicates that the Chinese supervision authorities have approved Mengniu's introduction of a strategic partner and risk sharer in the Chinese dairy sector. According to […]
2013-08-26
The message to China is clear: far from opening itself to scrutiny, the Communist party will punish those who attempt to challenge its authority