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

Chinese taxi-hailing appsAmerican rideshare company Uber and its Chinese rival Didi Chuxing are cruising on the good news today that China has …

Online services will no longer be operating in grey area

Were Donald Trump elected US President in November, the implications would be more terrifying than anyone thought. The problem would no longer be his vulgarity, sexism, racism, and defiant ignorance; it would be his possible infidelity to America itself.

Effort to ease growers’ burden following summer floods will degrade strategic stockpile

CarrrroooChina revealed a set of ride-sharing regulations to legalize car-hailing services from November, lifting any regulatory uncertainty surrounding mobile Internet giants including Didi Chuxing and Uber China. China’s Ministry of Transportation and six other government ministries jointly revealed the set of rules during a press conference today in Beijing. Named Preliminary Rules on the Management […]

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Fujian, China, July 28, 2016 /ChinaNewswire.com/ – AccorHotels, the leading international hotel operator, announces the opening of Pullman Shishi Mattison, the  second Pullman property in the southeast Fujian Province and the brand’s 29th property in the Greater China region. Housed in a landmark European designed twin-tower building in downtown Shishi, the new build property is … Continue reading "Pullman Debuts In Asia’s Giant Garment Trading Centre With The Opening Of Pullman Shishi Mattison"

SolarPartners Group has agreed to invest over US$200 million as the controlling shareholder in a Taiwanese solar power development platform on behalf of its clients, according to a company announcement. Cathay Life Insurance, Taiwan's largest insurer and a subsidiary of Cathay Financial Holdings, is also acquiring a minority stake in the platform through a Partners […]

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education847484884CCB International has led a new round of financing in Weidong Cloud Education, a Shandong province-based Internet education aggregation and purchasing platform. The financing total of the round was not disclosed, but it values the company at RMB 4 billion (US$600 million), according to Chinese media reports. The company says it will use the proceeds […]

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stocksssue89988Chinese authorities are planning to tighten the regulations on banks' Wealth Management Products (WMP) investment, which could benefit the bond market, says a research report by ANZ AG. Investments in "non-standard assets" and equities will be further tightened, as the China Banking Regulatory Commission (CBRC) plans to classify banks into two groups. The banks in […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

movieWanda Cinema Line Co., Ltd. has agreed to acquire Chinese online film media and ticketing platform Mtime.com for an undisclosed amount, according to a company announcement. The move adds online capabilities to Wanda Cinema, a traditional cinema operator. The two parties plan to initiate an all-around integration of their resources to create an O2O (online-to-offline) […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Huawei retail storeChinese telecom device maker Huawei announced that during the first six months of 2016, the company achieved operating revenue of …

There are attractive returns to be had for yield refugees from Europe