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

Washington fears that Chinese president’s visit is about extending sphere of influence to ideological enemies in the region are overblown

Abrupt exits occur as Beijing pushes anti-graft campaign

The abrupt departures have taken place against the backdrop of a broad anti-corruption drive launched by President Xi Jinping this year

Wealthy could struggle to protect their assets as Court of Final Appeal awards Otto Poon’s ex-wife half the fund that holds his engineering business

The US Supreme Court has barred Argentina from making payments to fulfill debt-restructuring agreements with its creditors unless the 7% of creditors who rejected the agreements are paid in full. While it is hard to cry for Argentina, the ruling sets b…

China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) has proposed to establish State Capital Investment Companies (SCICs), in a move that signals a step forward for state-owned enterprise (SOE) reform. China's SASAC has selected the State Development & Investment Corporation (SDIC) and China National Cereals, Oils and Foodstuffs Corporation (COFCO) to […]

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The author is ANZ greater China chief economist Liu Li-Gang The Hong Kong Monetary Authority (HKMA) is in discussion with local banks to develop measures addressing the rising liquidity demand in Hong Kong as a result of the expected launch of the Hong Kong-Shanghai Stock Connect Program. Local banks reportedly suggest HKMA offer intra-day RMB […]

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One of China’s largest online game operator Changyou.com Limited has entered into an agreement to acquire 51% of San Francisco-headquartered mobile phone browser developer MoboTap Inc. for US$91 million, according to a joint announcement. Changyou.com, a subsidiary of Chinese Internet portal operator Sohu.com Inc., will also subscribe a US$30 million zero-coupon five-year convertible bond issued […]

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Targeting multinational companies poses little risk but offers much in terms of potential domestic political gain

Chinese commercial property developer Dalian Wanda Group is planning to establish a financial shareholding company to expand the group's businesses to the financial services industry, says chairman Wang Jianlin in the company's 2014 semi-annual report. Wanda plans to establish Wanda Financial Shareholding Group in the third quarter this year, in a move to create a […]

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The major driver behind China's economic rebound is Beijing's stimulus measures focusing on increasing spending on railway and social housing. The negative impact of the fiscal stimulus on the financial system is thus relatively small, and Beijing is like to continue its mini-stimulus in the second half of the year, according to a new research […]

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The author is Mark McFarland, chief economist at wealth manager Coutts & Co. AG China’s latest data set adds conviction to our overweight stance on Asia Pacific markets. China’s economy grew at an annual rate of 8% when comparing the quarter ending June to the previous one. Economists had expected growth to rise from 5.6% […]

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US extends investigation into pharma group’s activities and it could face stricter penalties of pattern of behaviour is found

Hon Hai Precision Industry, parent company of Foxconn, announced that they have signed five major agreements with Guizhou to enhance investments in the province. Of the five agreements, three were signed with Gui'an New District, including Foxconn's cloud computing, semiconductor equipment manufacturing, and health Lohas industrial park projects. Meanwhile, the company will team with Peking […]

US-based Edelman says it bought a 78% stake in Pegasus Communications, a firm launched by detained TV host Rui Chenggang and two partners in 2002

Doubts about the real rate of growth in the economy undermine construction companies and property developers