A unit of HNA Group Co., Ltd has invested RMB910 million (US$137 million) in Chinese petrochemical enterprise Tianjin Northern Petroleum to acquire an 80% equity stake, according to an article by Caixin Meida. The unit, HNA Logistics, plans to develop the company into an aircraft and marine fuel provider, an operator of petrochemical bases and […]

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Turkish President Recep Tayyip Erdoğan's recent meeting with his Russian counterpart, Vladimir Putin, was ostensibly intended to bury the hatchet after Turkey shot down a Russian warplane near its border with Syria last year. But, at a time of rising tensions tensions between Turkey and the EU, there may be more to the story.

Concerns about growth in shadow banking products raised in annual review

Issuance of renminbi-denominated bonds backed by IMF currency basket could also revive SDR market

Alibaba’s valuation shows caution abating

Often when a poor quality product is recalled elsewhere in the world, international companies fail to give Chinese consumers the same treatment. Starbucks is deciding to change this bad habit. The company will recall its stainless steel straws, which are sold as cup accessories, in mainland China. A report from General Administration of Quality Supervision, […]

Chinese online game developer and operator Perfect World reached a deal with American gaming software and technology company Valve to …

Nanjing Jinxiang Group and Wangfujing Group will jointly build a 260,000-square-meter high-end commercial complex, Jinxiang City Wangfujing Shopping Center, which will be the first Wangfujing store in East China region. Located at Nanjing Bridge North,…

Ice-breaking talks in Hong Kong are longer on symbolism than substance

State media air concerns innovation may be being used to lure investors to buy financial products

Kelaile, a Chinese big data marketing service provider, has completed a RMB110 million (US$16.6 million) series B round in July, according to Chinese media reports. The company says the proceeds will be used in product R&D and market expansion. Founded in 2013 by Wang Wei and Wang Zheng, Kelaile received several millions of RMB angel […]

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