China International Capital Corporation (CICC) has appointed Bi Mingjian, a partner at Chinese private equity firm Hopu Investment Management Co., as its new CEO, effective immediately. Bi succeeds Levin Zhu, the son of China's former premier Zhu Rongji, who resigned as CEO and chairman of CICC in October, 2014, according to a company announcement. Bi […]

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Chinese online television and video site Imgo.tv, the online arm of Hunan Television, has reportedly completed RMB1 billion (US$163 million) series A financing led by Chinese telecommunication group China Mobile Limited, according to Chinese media reports. No information about other participating investors are available, but the round reportedly values the company at RMB10 billion (US$1.63 […]

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When money is no longer enough, what does communism have to offer?

Detention of rights defenders nearly doubles in state crackdown in dissent

Global private equity firm TA Associates says it has completed an undisclosed amount of investment in Chinese payment service provider YeePay, according to a company announcement. Hong Kong Stock Exchange-listed financial leasing services firm Far East Horizon Limited also participated in the deal. No transaction deals are announced. "It is estimated that only 10% of […]

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UK move to join AIIB prompts Abbott to review Canberra’s policy

China becomes third-biggest supplier in global weapons market with Pakistan its main client

Military officer caught with boxes of cash dies of natural causes

A VPN is usually used to protect your privacy. But in many situations, a VPN is necessary to circumvent censorship or website blocks. When we think of censorship or blocked websites, we often think of China or Iran, which filter…

Get more information about Internet security and privacy at VPN Instructions: VPN Instructions.

A VPN is usually used to protect your privacy. But in many situations, a VPN is necessary to circumvent censorship or website blocks. When we think of censorship or blocked websites, we often think of China or Iran, which filter…

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Amazon China Z.cn announced that its official flagship store on Tmall.com has started trial operation and will be formally launched in April 2015. This flagship store will initially provide Chinese netizens with directly procured imported products, including shoes, food, wine, kitchenware, and toys. Products sold on Amazon's Tmall flagship store will be delivered via Amazon […]

State TV programme accuses multinationals of overcharging for repairs

Chinese Internet tourism service provider Tuniu.com will acquire majority stakes in two travel agencies. The two travel agencies are Hangzhou-headquartered Zhejiang Zhongshan International Travel Services and Tianjin-headquartered China Classical Holiday. No financial details was released about the transactions. Both travel agencies reportedly have licenses for organizing tours to Taiwan. By acquiring the two companies, Tuniu.com […]

Washington should sign up and bless the desire of its friends to join, writes Fred Bergsten