Shanghai-based Bright Dairy & Food Co., Ltd. and Hong Kong-based Asian private equity firm RRJ Capital has signed an agreement, in which RRJ Capital will invest RMB1.525 billion ($250 million) in Bright Dairy's subsidiary Shanghai Bright Holstan Co., according to a company announcement. The investment will be made in U.S. dollar and in cash. After […]

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At a time when China’s territorial assertiveness has strained its ties with many neighboring countries, its deteriorating relationship with North Korea renders it a power with no real allies. The question now is whether the US and other powers can use this development to help transform northeast Asia’s fraught geopolitics.

Since the Al Saud clan established the Kingdom to which they gave their name in 1932, the exercise of power in Saudi Arabia has been shaped by the intrigues and intricacies of royal politics. But never before has this internal struggle had such far-rea…

One of China’s most high profile and prestigious scientific projects – a Moon rover landing – looked to have failed before it sparked back to life

Beijing plans to set up a $1.6bn fund to help companies comply with environmental regulations as China battles with air pollution

The author is Michael Werner, senior research analyst covering the Chinese and Hong Kong banks at Sanford Bernstein & Co. At the end of January, investors in an RMB3 billion trust product were bailed out in the 11th-hour by an undisclosed entity as the product narrowly escaped default. Even though investors lost a year's worth […]

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The author is Nomura economist Zhang Zhiwei In January, China's exports grew by 10.6% against consensus estimate of 0.1%, while imports grew by 10.0%, compared with consensus of 4.0%. Export growth with most major trading partners improved. Exports to Hong Kong contracted by 18.3% from growth of 2.3% in December. We find this strong level […]

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Guangzhou-based Chinese mobile content and service provider Sungy Mobile has acquired California-based mobile ad network GetJar, according to a company announcement. Sungy Mobile will pay an initial $5.3 million in cash, and may issue up to 1.44 million ordinary shares as earn out payments to GetJar's owners by early 2016 if certain performance targets are […]

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Beijing-based online travel site Lailaihui has raised several million U.S. dollars in series A funding, according to Chinese media reports. CDH Investments led the round. Existing investor Unity Ventures also participated. Lailaihui previously received an undisclosed amount of angel funding from Unity Ventures in 2011. The company says it will use the proceeds to improve […]

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Guangzhou-based Chinese clothing brand Inman Apparel has raised tens of millions U.S. dollars in series A funding from IDG Capital and Alibaba Group, according to Chinese media reports. The investment values Inman at nearly $100 million. Inman's founder Fang Jianhua will retain control of the company. Founded in 2008, Inman mainly sells cotton and linen […]

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Hangzhou, Zhejiang province-based Chinese e-commerce giant Alibaba Group has offered to buy out the 72% shares it doesn't already own in NASDAQ-listed digital mapping and navigation firm AutoNavi Holdings Limited for $1.1 billion, according to a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC). Alibaba is offering $21 in cash per American […]

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Nasdaq-listed Chinese online game company Changyou.com announced that its chief financial officer He Jie has submitted a resignation and will depart the company on March 4, 2014. After leaving Changyou.com, He will start his own business. Meanwhile, Changyou.com is looking for a new CFO. During the transitional period, Sheng Wen, financial director of Changyou.com, will […]

China’s exports and imports reached $382.3 billion in January, up 10.3% compared to the same period in 2013, according to data released by China's General Administration of Customs. China's exports increased 10.6% to $207.1 billion last month. Imports rose 10% to $175.3 billion. The country's trade surplus stood at $31.9 billion in January, up 14% […]

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