By Nina Xiang Unlike the dot-com bubble at the turn of the millennium, the current explosion of mobile apps – and the astronomical amount of venture money poured into it – are actually bringing real tangible perks to Chinese consumers. In the morning, users can book a private car via Didi Kuaidi's mobile app to […]

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Weak yen, boom in cruise holidays and surge of Chinese visitors buoy numbers for 2015

Beijing ends travel ban for dissident artist ahead of Xi Jinping visit to London in October

BlackRock Inc. has been granted a Qualified Domestic Limited Partnership (QDLP) license to raise onshore funds in China to invest overseas, according to media reports. In September 2013, six global hedge fund management companies, including Man Group Plc, Winton Capital Management, Oaktree Capital Management, Citadel LLC, Och-Ziff Capital Management Group and Canyon Partners, each received […]

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Chinese beauty products e-commerce firm Jumei International Holding Ltd. has agreed to provide pregnancy and parenting online portal Babytree Inc. with a convertible loan and a revolving credit facility of up to RMB1.55 billion (US$250 million), according to a company announcement. The convertible loan portion of the transaction be as much as RMB744 million (US$120 […]

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A Chinese company has figured out how to lead people to water and make them drink. China-based Nongfu Spring Company Ltd. has implemented software from U.S.-based JDA to forecast demand seasonality with accurate precision and…