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

When Wolfgang Schäuble, Germany’s finance minister, recently tabled the option of a Greek exit from the euro, he wanted to signal that no member country could abstain from the monetary union's rules. But his initiative triggered a much broader discussion of the euro’s governance and the very rationale for its existence.

Energy secretary says renewable energy can prosper without handouts

Chinese capital beats Almaty in Kazakhstan, despite lack of snow and human rights concerns

Haikou, Hainan province-based Chinese conglomerate HNA Group Co., Ltd. has agreed to acquire air cargo services firm Swissport International Ltd. from European private equity firm PAI Partners for approximately US$2.8 billion, according to a company announcement. HNA Group, the parent of China's Hainan Airlines, is buying 100% of Swissport. The deal will compliment the group's […]

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Shanghai-based digital media and display advertising firm Focus Media Holdings Limited is seeking other ways to re-list in China, as the shell company in its previously planned back door listing deal becomes entangled in a potentially lengthy investigation. The company may consider a listing on the strategic emerging board, which the Shanghai Stock Exchange Plans […]

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Hong Kong-listed ramen restaurant chain operator Ajisen (China) Holdings Limited has led a US$70 million investment in Baidu Waimai, the food delivery O2O (online-to-offline) platform launched by Chinese search engine Baidu Inc., according to a regulatory filing. A subsidiary of Ajisen, named Ajisen Investments, together with Chinese private equity investment firm, the Hina Group Holdings, […]

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Large companies revise sales targets amid weaker growth and stock market turbulence

Dissident artist told he failed to declare criminal conviction

Cameron government keen to remove diplomatic obstacles to trade with China

Many critics of the Iranian nuclear agreement compare Iran’s behavior to that of North Korea, suggesting that the deal will not hold because deals with North Korea never have. The key question is whether Iran's leaders understand that the agreement represents a defining moment for their country.

State-owned aerospace company chairman recently blamed foreign aggression for stock market rout

Sino-French private equity firm Cathay Capital Private Equity has led an undisclosed investment in French web localization and marketing firm Datawords, according to a company announcement. Keensight Capital, Cathay Capital's key backer, French investment firm Bpifrance, as well as existing investor French investment firm Capzanine, also participated in the round. Datawords generated over €30 million […]

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Alibaba Group Holding Limited is investing US$1 billion to accelerate the global roll out of its cloud-computing business, according to its corporate news website Alizila. The investment underscores the importance Alibaba gives to cloud computing as a future revenue driver. "Big Data and cloud computing are at the heart of Alibaba Group’s strategy for the […]

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Tempe, Arizona-based automotive material maker SDC Materials, Inc. has completed an undisclosed round of new financing led by SAIC Capital, the venture capital investment arm of Chinese car maker SAIC Motor Corporation, according to a company announcement. Existing investors, including General Motors Ventures, BASF Venture Capital, Volvo Group Venture Capital, Invus Financial Advisors and Emerald […]

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Shenzhen-based smart cycling helmet maker Livall Riding has completed RMB80 million (US$13 million) series A financing led by ChinaEquity Group, according to Chinese media reports. The company also says it has signed an agreement to partner with a Chinese bicycle maker to create a smart bicycle. The company previously raised RMB20 million angel investment from […]

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Beijing-based alcoholic beverage e-commerce company Jiuxian.com has raised RMB500 million (US$80 million) in a new round of financing from undisclosed Chinese investors, according to Chinese media reports. The company says its valuation has been increased to RMB6.5 billion (US$1.05 billion) after this new round. Founded in 2009, the firm has previously completed six rounds of […]

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The Carlyle Group has invested RMB530 million (US$85 million) in Chinese vending machine operator Beijing Ubox Technology & Trade Co., Ltd. for an undisclosed amount, according to a company announcement. The global private equity giant made the investment via its RMB fund, Carlyle Beijing Partners Fund, L.P., which was established with the support of the […]

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