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

New analysis of East German files shows how western business can beat the spies

The Middle East’s tragic tale of two cities – Aleppo in Syria and Mosul in Iraq – speaks to a fundamental lack of consensus in the region and within the broader international community. The lack of order in the international order is greatly complicating the task of bringing these conflicts to an end.

360cloud shutdown360 Cloud Disk published a notice on its official website stating that they will stop providing cloud disk services to …

chentongChina's Xiaomi has lost a key executive Chen Tong (pictured), an ex-editor in chief of Sina.com hired by the smartphone maker two years ago to help revamp its content platform. Chen will return to the media world, joining Phoenix New Media and its news app subsidiary Particle Inc. as president, according to Chinese media reports. […]

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ztoShanghai-based logistics company ZTO Express, backed by Sequoia Capital and Warburg Pincus, has priced its initial public offering to complete a total offering size of approximately US$1.4 billion, in the biggest IPO in the U.S. this year. As the first Chinese courier service provider to list in New York, the company offered 72 million American […]

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ganleeGan & Lee Pharmaceuticals, a Chinese bio-pharmaceutical company backed by Qiming Venture Partners and other investors, is seeking a domestic IPO to raise RMB1.5 billion (US$221 million) two years after its first attempt failed. Beijing-based Gan & Lee was established in 1998 and focuses on researching and manufacturing recombinant human insulin and its analogues in […]

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rmb-copyDuring the last two years until September 2016, seven new countries are now using the RMB for more than 10% of their direct payments by value with China and Hong Kong, bringing the total to 57 countries worldwide, according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT). The 10% milestone, also known as "crossing […]

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footballAnt Financial Services Group, a financial services affiliate of Alibaba Group Holding Ltd., is rumored to be in discussion with Beijing Guoan Football Club to take a 40% stake in the Chinese Super League participant. Ant Financial will become the largest shareholder, if the deal proceeds as expected, while Guoan's existing control shareholder CITIC Group […]

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There is no problem in Chinese companies buying abroad — but Beijing sets up big obstacles at home