Beijing turns to Britain after years of struggling with debt-fuelled infrastructure investment

An ethos of perpetual vigilance is central to sustaining high popular-approval ratings for President Vladimir Putin. And no one is more responsible for the smooth operation of the political machinery than Vladislav Surkov.

Shenzhen-based Chinese venture firm Fortune Capital has invested RMB300 million (US$48 million) in Focus Media Holding Limited for an undisclosed stake in the digital media and display advertising company, according to Chinese media reports. Shanghai-based Focus Media was de-listed from the NASDAQ after a go-private deal led by company founder and a group of private […]

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Suzhou, Jiangsu province-based cloud computing optical transceivers maker InnoLight Technology Corporation, backed by Google Capital and Lightspeed China Partners, has filed for an initial public offering on the NASDAQ, according to a securities filing. The company plans to raise US$100 million, which is a preliminary estimate of the size of the float used only to […]

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Comments by PBoC show Beijing vision of renminbi convertibility falls short of full deregulation

Lafayette's well-known French food supermarket Lafayette Gourmet has opened a flagship store in Beijing and marked its entry into the Chinese market. I.T Group chairman and executive president Shen Jiawei; French ambassador to China Maurice Gourdault-Montagne; and Lafayette Group department store division executive president Nicolas Houze attended the opening ceremony. The new Lafayette Gourmet supermarket […]

Ant Financial Services Group, a small and micro financial services company under Alibaba Group's Alipay, will officially launch their online banking platform MYbank on June 25, 2015. MYbank is also known as Zhejiang Online Business Bank and is one of the first five trial private banks approved by China Banking Regulatory Commission on March 11, […]

There are concerns Washington needs a fresh approach to Beijing amid fears it is trying to push the US out of Asia