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

Gas usage in the country is up sevenfold in the past 13 years, but expansion of sector is a massive logistical and capital investment challenge

Fox Video Limited, a subsidiary of Chinese Internet portal operator Sohu.com Inc., has invested 15 billion Korean Won (US$15 million) in Korea's celebrity management agency KeyEast Entertainment Co. Ltd. for a 6.4% stake, becoming the second largest shareholder of the company, according to media reports. The largest shareholder of KeyEast, former Korean actor Bae Yong […]

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The author is Australia and New Zealand Banking Group (ANZ) Research In early June, we turned bullish on onshore RMB (CNY), expecting the currency to resume appreciation after weakening for most of the first half of the year. Our rationale was that the depreciation in CNY between mid-January and May, though partly driven by the […]

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China's anti-corruption campaign has some negative impact on activity growth in the short term, but should generate significant positive benefits over time as a result of to more efficient spending, possible easing in social tensions, and better productivity growth, says a report by Goldman Sachs Global Investment Research. The anti-corruption campaign, initiated in late 2012 […]

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In the movie "Groundhog Day," a TV weatherman awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis erupted a half-decade ago, yet policymakers remain convinced that the growth model that prevailed prior to the crisis is still their best guide.

J.P. Morgan Chase & Co has named Brett Krause as the president of J.P. Morgan Chase Bank (China) Company Limited, the firm's locally incorporated bank in China, in an attempt to reorganize its senior management team in China, according to a company announcement. In this role, Krause will work closely with the board of directors and […]

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Hangzhou-based internet financing company LongYing Investment Management Co., Ltd. has received tens of millions U.S. dollar series A+ financing from GGV Capital, according to Chinese news report. The company received millions of RMB angel investment in 2013. During the same year, it received millions U.S. dollars series A financing from Ceyuan Ventures. Founded in 2013, […]

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New rules require state permission before publishing political news and conformity to ‘bottom line’ principles, while several foreign apps are blocked

Police are investigating the death of Qingdao Customs deputy commissioner Bian Peiquan, the official Xinhua news agency reports, citing Qingdao Customs

U.S.-based Priceline Group Inc. is investing USD500 million through a convertible bond to grab up to 10% of China-based online travel firm Ctrip.com International Ltd. With the investment, Ctrip has granted Priceline permission to acquire Ctrip shares in the open market over the next twelve months, so that combined with shares convertible under the bond, […]

Beijing-based entertainment group Yuehua Entertainment has received RMB300 million (US$48.68 million) series B financing from Gravity Media and CMC Capital, according to the company’s official announcement. Gravity Media is a Beijing-based advertising and marketing firm founded in 2002. The company previously received tens of millions RMB series A financing from unnamed investors in 2012. Founded […]

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Connecticut-based online travel booking website Priceline Group Inc. plans to invest US$500 million via subscribing convertible bonds in Shanghai-based travel service group Ctrip.com International Ltd. to strengthen their global partnership, according to a joint announcement. The world’s largest travel group may hold up to 10% of Ctrip's outstanding shares upon the purchase of convertible bond. Priceline will […]

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Potential investment into one of the largest private equity groups shows China undeterred from deals in the sector after suffering bruising initial losses