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

Myanmar's suspension of the $3.6-billion Myitsone Dam project in 2011 was a slap in the face to China – not least because the move helped kick-start Myanmar's transition to democracy. But China has not given up, and is now pressuring Myanmar's ten-month-old elected government to resume construction.

Rather than uniting to resist the populist threat they all face, EU member states have played into its hands, by becoming increasingly unwilling to cooperate with one another. Nowhere is this trend clearer than in the EU's response to the ongoing refug…

Moscow backs Beijing’s claim that the US should stay out of maritime sovereignty disputes

otmsChen Weixing, founder of Kuaidi Dache, has led a US$25 million series B round of financing in oTMS, a Chinese transportation management system. Existing investors Chengwei Capital, Matrix Partners and Baidu Inc. also participated in the round. "oTMS can really disrupt the logistics sector through its connected and synergy-generating concept for enterprise logistics," Chen Weixing […]

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kaifu-leeSinovation Ventures, formerly known as Innovation Works, has raised RMB4.5 billion (US$675 million) across two venture funds, including a U.S. dollar fund with US$300 million and a RMB2.5 billion RMB-denominated fund, according to media reports. Founded by former Google Inc. executive Kai-Fu Lee, Sinovation Ventures' new funds count Foxconn Technology Group as the anchor investor. […]

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Student’s account grabs country’s attention, lifting lid on taboo topic

ZTEChinese telecom device maker ZTE says its net profit attributable to shareholders was CNY1.766 billion, a year-on-year increase of 9.33%, …

Social Media in ChinaIs Alibaba Group Holding Ltd. planning a takeover of Sina.com's Weibo microblogging service? The e-commerce behemoth just acquired another three …

wei-boAlibaba Group Holding Ltd. has acquired another three million American Depository Shares (ADS) of Weibo Corp from the company's management team for a total of US$135 million, increasing Alibaba's stake in the Twitter-like service to 31.5% from 30.1%, according to a Securities and Exchange Commission (SEC) filing. The move could be geared toward further stake […]

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