UK assumes an economic relationship requires submission on everything else

Survey reveals number of people who think graft is a ‘big’ problem falls sharply

Authorities still intend to bring indicted PLA soldiers to justice

Shenzhen Energy Co., Ltd has agreed to acquire an entity that controls China Hydroelectric Corporation for US$542.6 million two years after private equity firm NewQuest Capital Partners initially proposed to take the small Chinese hydroelectric power operator private. Shenzhen Energy, publicly listed in the same city, plans to pay US$492.6 million in equity, as well […]

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China Media Capital and FountainVest Partners are set for a partial exit from IMAX Corp's greater China business seventeen months after the two private equity firms acquired a 20% stake in the company for US$80 million. After submitting a listing application to the Hong Kong Stock Exchange in May, IMAX China (Holding), Inc. is planning […]

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According to statistics published by National Bureau of Statistics of China, the country's social consumer retail sales reached CNY2.489 trillion in August 2015, representing a year-on-year increase of 10.8%. If deducting price factors, the actual…

Chinese president seen as more opaque and less reform-minded than Obama administration once hoped

CVC Capital Partners, AlpInvest Partners and GIC (Ventures) Pte Ltd have sold a combined 7.6% stake in Hong Kong broadband service provider HKBN Ltd after the expiration of a six-months lock-up period following the company's public listing in March. The investors sold 76.3 million shares, according to a regulatory filing. The stake is worth around […]

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Job market in southern manufacturing heartland still in rude health despite slowdown

Region’s growing wealth, smuggling opportunities and higher margins attract organised crime

Beijing-based gold trading O2O (online-to-offline) platform G-banker has completed RMB107 million (US$17 million) series B round of financing led by Softbank China Venture Capital and Chinese real estate firm the Evergrande Group. Three obscure Chinese investment firms also participated in the round, says an announcement posted on the company's Weibo account. Launched in December 2014, […]

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HNA Tourism Holding (Group) Co., Ltd. has agreed to invest at least RMB500 million (US$78 million) series C financing in Zhubaijia, a Shenzhen-based online short-term vacation home rental platform focused on Chinese tourists traveling overseas. In an announcement posted on HNA Tourism's Weibo account, the travel subsidiary of Chinese conglomerate HNA Group says the financing […]

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Shenzhen-based Chinese consumer drone maker SZ DJI Technology Co. is raising a new funding round of approximately US$500 million at a valuation of U$10 billion, says a Chinese news report without citing sources. Investors in the latest round include New China Life Insurance Co Ltd, GIC, and New Horizon Capital. Representatives at DJI did not […]

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Apple, Microsoft and Facebook heads given address, not discussion

With news this week of malware infesting Apple mobile apps and a new mobile virus infecting Chinese users' smartphones, more scrutiny is being placed on Chinese technology firms to help protect netizens. Tencent has taken the lead with the announcement of its Thunder Action. This is the company's special initiative against Internet phishing, pornography, and […]

Xu Yiran, former senior vice president and chief business officer of Perfect World, has joined Chinese Internet security firm Qihoo 360. Xu will be president of Qihoo 360's gaming business line. In this new role, Xu will be responsible for Qihoo 360's existing gaming businesses, including client-based games, web games, and mobile games. And he […]

Chancellor seeks investment for high-speed rail and northern England regeneration projects

Manufacturing shrinks at fastest since the aftermath of Lehman’s collapse, survey shows