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

Business activity softened in July as an export index rise failed to offset a weaker housing reading

Xi'an, Shaanxi, China, July 29, 2016 /ChinaNewswire.com/ – AccorHotels announces the grand opening of the 275-room Novotel Xi'an SCPG on 28 July. The hotel is the first Novotel property to debut in Xi'an and Shaanxi Province, which brings the Novotel network brand expansion to 21 hotels in the Greater China region. “This is our first … Continue reading "Novotel Xi'an SCPG introduces new lodging concept in China's Shaanxi Province"

Beijing, China, July 29, 2016 /ChinaNewswire.com/ – Project Pengyou announced this week that they have opened applications for their Leadership Fellows Program, to be held at Harvard University. The Project Pengyou Leadership Fellows Program is a highly selective leadership development program for students passionate about U.S.-China exchange. Successful applicants will travel to Cambridge, MA on … Continue reading "Project Pengyou Opens Applications for Leadership Fellows Program to Train Student U.S.-China Bridge-Builders"

New rules target wealth management products that have fuelled non-bank credit boom since 2008

robotsWI Harper Group and Innovation Works have joined a US$20 million series B round in U.S. robotics start-up Wonder Workshop, according to a company announcement. Idea Bulb Ventures, Learn Capital, Charles River Ventures, Madrona Venture Group and China's TCL Corporation also participated in the round. The investors are hoping to bring Wonder Workshop's products to […]

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.

gamingChinese outdoor advertising firm Focus Media has led a RMB640 million (US$81 million) venture round in an eSports start-up, Sport of the Heroes, according to a securities filing. Two Chinese funds whose identities are difficult to confirm also participated in the round, which values the three-month-old platform at RMB3.6 billion (US$541 million), reflecting investor enthusiasm […]

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.

helathcare98000Shanghai Fosun Pharmaceutical (Group) Co. has signed a definitive agreement to acquire 86% of India's Gland Pharma, a pure-play generic injectable pharmaceutical products firm backed by global private equity giant KKR, for US$1.26 billion. Fosun Pharma will purchase all shares owned by a unit of KKR, in addition to shares purchased from other shareholders of […]

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.

Move could worsen tensions after loss of court ruling by Beijing