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

The announcement that US President Barack Obama’s visit to Japan later this month will include a stop in Hiroshima is welcome news. While Obama will not apologize for America’s 1945 nuclear attack, the visit will inevitably spur reflection and debate about what happened there.

Rapid rise in longevity likely to strain public finances

Eight-year hiatus ends amid push to improve bank balance sheets

mark-machinThe Canada Pension Plan Investment Board (CPPIB) has appointed Mark Machin, currently CPPIB’s senior managing director and head of international, as the pension fund's president and chief executive officer, effective June 13, 2016. In an announcement, CPPIB says that current president and CEO Mark Wiseman told the Board earlier this year of his plans to […]

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debt000404Chinese banks will soon embark on the path of managing its bad loans with securitization, as Bank of China and China Merchants Bank revealed plans to issue asset-backed securities (ABS) next week. The issuance will be the first such deal since 2008, as Chinese regulators are increasingly promoting the ABS market as a way to […]

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chongqingChinese electronics company TCL Corporation plans to commit RMB1.5 billion (US$229 million) to an industry M&A fund with two state-backed entities to seek opportunities in TMT, Industrial 4.0 and Internet+ sectors, according to a disclosure filing (in Chinese). The Hubei Province Yangtze Hezhi Industry Investment Fund L.P. seeks to raise RMB3 billion (US$458 million) in […]

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MorganstanleyBao Yi, the chief executive of Morgan Stanley’s joint venture in China is leaving to start his own investment firm, according to the Wall Street Journal citing people familiar with the matter. It is unclear what type of investment company Bao will establish. Bao joined Morgan Stanley in 2006 and transferred to the joint venture, […]

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Strategy is about consolidation of power and party revitalisation, writes Robert Zoellick

zhangtaoChina’s State Council has appointed Zhang Tao as deputy governor of the country’s central bank, according to an official announcement on its website today. The appointment is to prepare for Zhang Tao to replace Zhu Min as the deputy managing director of the International Monetary Fund in July, says Caixin Media. If true, Zhang will […]

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healtcarepo0pPing An Haoyisheng, a health and medical mobile app launched by Ping An Insurance Company of China, Ltd., has reportedly completed raising US$500 million series A round of financing from unnamed private equity firms, state-owned enterprises, financial services firms and Internet companies, according to Tencent Technology. Tencent Finance said it couldn't confirm the fundraising total. […]

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b-capitalB Capital Group, a venture capital firm co-established by Facebook co-founder Eduardo Saverin, has raised US$143.6 million for a debut fund, according to a disclosure filing. The firm, with offices in Singapore, Los Angeles and San Francisco, plans to back next generation technology companies in Asia and the U.S. Rajarshi Ganguly, currently a senior advisor […]

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