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

Nigeria's militant Islamist group Boko Haram increasingly resembles the Lord’s Resistance Army, which wreaked havoc in northern Uganda and South Sudan for decades. And, as with the LRA, national authorities and the international community have been slow to respond to the threat to regional stability that Boko Haram represents.

Watsons, the health and beauty retail chain under Hutchison Whampoa, announced that the company has reached an agreement with Dutch pharmacy chain Dirx to acquire the 50 existing pharmacies of the latter as well as opening five new ones. This is reportedly Watsons' first major acquisition over the past ten years and it is considered […]

Teachers and university professors in Beijing say they have been ordered to toe the party line

As with all political successions, Saudi Arabia’s was inevitable. But it was not inevitable that King Abdullah’s demise – and the emergence of Crown Prince Salman as his heir to the throne – should come at a time of peak instability in a region already buffeted by the type of change that the House of Saud welcomes least of all.

China spent much of 2014 seeking to revive the concept of “Asia for the Asians” that Japan proclaimed seven decades ago, when it was an imperial power seeking to impose its will on the region. But that effort may not end as badly for China as it did for Japan.

Although 2014 was the strongest year of private equity investments since the global financial crisis, the majority of private equity fund managers are looking to invest even more this year, potentially setting 2015 for another banner year in terms of private equity investments, according to a report by data tracker Preqin. After interviewing 260 private […]

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Horizons Ventures, a private investment arm of Hong Kong Billionaire Li Ka-Shing, has led a US$23 million series A financing round for Portola Valley, California-based augmented reality hardware and software company Meta, according to an official announcement. Veteran venture capitalist Tim Draper, BOE Optoelectronics, Y-Combinator Partners, Danhua Capital, Commodore Partners, Zappos' founder Tony Hsieh’ Vegas […]

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Country’s growth fell to slowest pace in quarter of a century

Chinese e-commerce giant Alibaba Group Holdings has reportedly invested US$10 million in Santa Monica, California-based gaming console operator Ouya Inc., according to media reports. The proceeds will be used to incorporate Ouya’s software and database of over 1,000 games into Alibaba’s set-top box. Founded in 2012 by Julie Uhrman , Ouya is a new kind […]

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Chinese maternal and child supplies e-commerce operator Beibei.com announced that the company has closed its third round of investment. The round totaled USD100 million and its investors included Capital Today, New Horizon, Banyan Capital, and IDG Capital Partners. On the completion of the financing, Beibei.com will be valuated at nearly USD1 billion. Beibei.com was launched […]

Alibaba Health Information Technology Limited has signed a strategic cooperation framework agreement with Shanghai Kingstar Winning Software to launch a range of e-medical services. According to the agreement, the two parties will share resources and collaborate in medical services, health services, pharmaceutical distribution, regulation, and medical insurance risk control. Financial terms of the deal were […]

Its economy has become the world’s largest but a credit-fuelled construction binge threatens growth

Asia-focused alternative investment management firm Hillhouse Capital Management has led US$50 million series B financing round in Indian automobile classified ads web platform CarDekho.com, according to a company announcement. Tybourne Capital and Sequoia Capital also participated in the round, which increased the valuation of CarDekho's parent company, Girnar Software, to approximately US$300 million. "We see […]

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Official survey into ‘unnatural deaths’ among members in wake of anti-graft campaign

Hong Kong-listed China Traditional Chinese Medicine Co. Limited has agreed to acquire 81.48% of Jiangsu province-based Jiangyin Tianjiang Pharmaceutical Co., Ltd., which is backed by China International Capital Corporation (CICC), according to a company announcement. The cash transaction, which would allow two CICC funds to make an exit from its investment in Tianjiang Pharmaceutical, is […]

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Around the world, personal liberty, human rights, and democracy are at risk, while the international community is deeply divided, blocking progress on challenges ranging from the crises in Syria, Iraq, and Ukraine to climate change and trade. Three factors – all likely to persist this year – are driving these unsettling trends.

Financial flows, rather than trade, are now driving China’s exchange rate

No new mines to be built in eastern regions