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

China’s July consumer price index (CPI) recorded a 2.3% increase year-on-year, the same as last month, below the government’s annual inflation objective, according to data released by China's National Bureau of Statistics. June's food prices declined modestly, despite higher pork and egg prices. The producer price index (PPI) showed a 0.9% decline on a year-on-year […]

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China's exports rose dramatically to US$212.9 billion in July, up 14.5% year-on-year, higher than market expectations, according to data released by China's General Administration of Customs. China’s import decreased by 1.6% to US$165.6 billion last month, versus a 5.5% increase in June, largely due to a high base at the same time last year. This […]

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Chinese Internet giant Tencent Holdings Limited is to establish a joint venture public investment fund with Asia-focused hedge fund Hillhouse Capital Management, according to Chinese media reports. Tencent and Hillhouse Capital will each contribute 40% and 60% of the fund's capital. It's unclear how much capital the fund will try to raise. Former investment director […]

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Beijing-headquartered Chinese property and hotels operator Dalian Wanda Group says it has won the bid for a plot of land in Beverly Hills, Los Angeles, and plans to invest US$1.2 billion to construct a mixed-use development on the site, according to an announcement posted on its website. Located at 9900 Wilshire Boulevard, the 32,000 square […]

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Swedish private equity firm EQT Partners has sold its portfolio company Taiwan's Gala TV Corporation to Yung-Tsai Investment Co. Ltd., an investment vehicle jointly owned by three senior executives at Taiwan's Formosa Plastics Group, according to an announcement made by EQT. In April, Formosa Plastics says it has agreed to acquire all the stakes of […]

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Beijing-based China Investment Corporation says its return on overseas investments for 2013 fell to 9.33% from 10.6% a year earlier, according to its latest annual report. Through year-end 2013, the Chinese sovereign wealth fund's net cumulative annualized return since inception in 2007 was 5.70%. CIC's best returns were achieved in 2009 and 2010, when it […]

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Prime Minister Shinzo Abe is redefining Japan’s constitution to allow for "collective self-defense." Project Syndicate contributors Joseph Nye and Gareth Evans offer ‘debate’ the merits of Abe's vision.