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

Cameron government keen to remove diplomatic obstacles to trade with China

Many critics of the Iranian nuclear agreement compare Iran’s behavior to that of North Korea, suggesting that the deal will not hold because deals with North Korea never have. The key question is whether Iran's leaders understand that the agreement represents a defining moment for their country.

State-owned aerospace company chairman recently blamed foreign aggression for stock market rout

Sino-French private equity firm Cathay Capital Private Equity has led an undisclosed investment in French web localization and marketing firm Datawords, according to a company announcement. Keensight Capital, Cathay Capital's key backer, French investment firm Bpifrance, as well as existing investor French investment firm Capzanine, also participated in the round. Datawords generated over €30 million […]

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Alibaba Group Holding Limited is investing US$1 billion to accelerate the global roll out of its cloud-computing business, according to its corporate news website Alizila. The investment underscores the importance Alibaba gives to cloud computing as a future revenue driver. "Big Data and cloud computing are at the heart of Alibaba Group’s strategy for the […]

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Tempe, Arizona-based automotive material maker SDC Materials, Inc. has completed an undisclosed round of new financing led by SAIC Capital, the venture capital investment arm of Chinese car maker SAIC Motor Corporation, according to a company announcement. Existing investors, including General Motors Ventures, BASF Venture Capital, Volvo Group Venture Capital, Invus Financial Advisors and Emerald […]

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Shenzhen-based smart cycling helmet maker Livall Riding has completed RMB80 million (US$13 million) series A financing led by ChinaEquity Group, according to Chinese media reports. The company also says it has signed an agreement to partner with a Chinese bicycle maker to create a smart bicycle. The company previously raised RMB20 million angel investment from […]

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Beijing-based alcoholic beverage e-commerce company Jiuxian.com has raised RMB500 million (US$80 million) in a new round of financing from undisclosed Chinese investors, according to Chinese media reports. The company says its valuation has been increased to RMB6.5 billion (US$1.05 billion) after this new round. Founded in 2009, the firm has previously completed six rounds of […]

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The Carlyle Group has invested RMB530 million (US$85 million) in Chinese vending machine operator Beijing Ubox Technology & Trade Co., Ltd. for an undisclosed amount, according to a company announcement. The global private equity giant made the investment via its RMB fund, Carlyle Beijing Partners Fund, L.P., which was established with the support of the […]

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Journalists must ask for CSRC confirmation of ‘speculative’ reports, regulator says

Dissident Chinese artist accused of lying on his 6-month business application

Tmall Global, the international branch of Alibaba's Tmall.com, has reached an exclusive strategic deal with South Korea's largest duty free store group the Shilla Duty Free and Thailand's largest duty free store group King Power to commence a global duty free project in China. According to Liu Peng, general manager of Tmall Global, this is […]