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

Is Russian President Vladimir Putin, like most political leaders, predisposed to spinning the truth for his own benefit, or does he go beyond that, governing Russia and dealing with his neighbors and the rest of the world with reckless mendacity? Somet…

The Asian Development Bank (ADB) says it has partnered with Tokyo-based Japanese financial servies group ORIX Corporation and global asset management firm Robeco Institutional Asset Management B.V. to establish the Asia Climate Partners, a joint venture that will make private equity investments across a variety of environmentally supportive, low-carbon deals throughout Asia, according to an […]

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Hong Kong-listed Chinese conglomerate Fosun International has agreed to acquire Sydney-based Roc Oil Company Limited (ROC) for around US$442 million (A$474 million) via cash payment, according to a company announcement. Fosun International will acquire all of the Australia-listed ROC's shares at A$0.69 cash per share, representing a 10% premium to the closing price of ROC […]

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Hong Kong-based financial services provider 8 Securites has received US$9 million series B financing from Velocity Capital and LeitmotivPrivate Equity, according to Chinese news report. The company previously received US$8 million series A financing from an undisclosed investor in 2012. With offices in Tokyo and Hong Kong, 8 Securities has over 50,000 customers across the […]

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If there is one historical episode that still makes most Europeans shiver, even after a century, it is the outbreak of World War I, which began in the last days of July 1914. In fact, exactly one hundred years later, after two World Wars and a Cold War…

A country subject to rocket attacks from across its border has a right to defend itself, even if its own actions provoked the attacks, and the attacks themselves are relatively ineffective. But a right of self-defense does not mean a right to do anythi…

The author is Nomura Global Markets Research The People's Bank of China (PBoC) has released its second quarter monetary policy report. The PBoC reiterated its "prudent" policy stance. On one hand, the economy lacks new growth drivers, while the momentum of its existing drivers – external demand and the property market – has weakened. Growth […]

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The annual bilateral trade value between China and the European Union (EU) could grow close to 1.5 times to €660 billion (US$886 billion) in a decade’s time by 2024, according to a research report issued by Deutsche Bank AG. Among EU countries, Germany is particularly well placed to benefit from an intensification of bilateral trade, […]

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Zug, Switzerland-headquartered European private investment manager Partners Group has acquired a 12% stake from a US$1 billion China-focused private equity real estate fund managed by Venator Real Estate Capital Partners, representatives from both entities confirmed to China Money Network. Thirty-one limited partners in the fund, named Trophy Property Development L.P., have sold their stakes to […]

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American mobile game developer Kabam announced that the company has gained a USD120 million investment from Alibaba Group. Kabam said in a statement that the funding will help the company realize growth and Alibaba will assign an executive to join the board of directors at Kabam. Kabam's valuation reached over USD1 billion during this round […]

Despite being the largest smartphone market, mobile marketing in China is lagging behind compared to other countries, according to a new report issued by Forrester Research, Inc. Fast adoption of smartphones is changing the daily life of Chinese consumers. About 83% of metro online Chinese consumers use mobile phones, with 88% of these phones being […]

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Chinese home appliances retailer Gome signed purchase orders of 8.18 million TV sets with manufacturers like Skyworth, TCL, Hisense, Changhong, Sharp, and Konka during an event held in Beijing. The retailer announced that starting from August 1, 2014, they will launch an online and offline full channel marketing campaign. Wang Junzhou, president of Gome, said […]

China's Internet retail sales increased by 48.3% year-on-year to CNY1.138 trillion in the first half of 2014. During a press conference held by the State Council Information Office of China, Sheng Laiyun, spokesperson from the National Bureau of Statistics, revealed that during the first six months of 2014, China's total retail sales of social consumers […]

Magnitude 6.5 earthquake causes collapse of 12,000 homes in Yunnan province, with at least 398 people killed and more than 1,800 injured

Inspur Group and United Electronics signed a strategic cooperation framework agreement in Jinan that will pool their big data skills for expansion of technology services in public security, energy, smart city, bio-medical, and the Internet of Things. According to the agreement signed by the two parties, Inspur and United Electronics will team to expand the […]