The long-term sustainability of Russia’s economy is an open question: cronyism is rife, and Russia’s heavy dependence on oil revenues means that it will suffer whenever oil prices fall. But if the Soviet Union taught us anything, it is that unsustainable systems can survive for many years.
2016-11-28
Beijing makes ‘representations’ over armoured vehicles seized in Hong Kong
2016-11-28
Chinese start-ups are increasing raising capital from corporations, as venture capital becomes tougher to source. Edaixi, an O2O (online-to-offline) laundry …
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2016-11-28
Chinese start-ups are increasing raising capital from corporations, as venture capital becomes tougher to source. Edaixi, an O2O (online-to-offline) laundry services mobile app, is the latest company getting funded by strategic players. Libai Group Co., Ltd., a detergent manufacturer in China, has led a series B+ round in Edaixi, a start-up launched by Beijing-based laundry […]
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2016-11-28
China Everbright Ltd. (CEL) says its RMB Mezzanine Fund II has made an investment in Sichuan Dekang Agriculture Technology Ltd., …
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2016-11-28
China Everbright Ltd. (CEL) says its RMB Mezzanine Fund II has made an investment in Sichuan Dekang Agriculture Technology Ltd., a Chinese hog farming and quality chicken farming operator, the company said during the weekend. The investment was completed this month, but no financial details were revealed. Following the deal, the CEL fund will be […]
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2016-11-28
Hollywood studios have been coming to grips with the fact that China will soon be the world’s largest market for …
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2016-11-28
Hollywood studios have been coming to grips with the fact that China will soon be the world’s largest market for entertainment. Movies increasingly are co-produced by cash-rich Chinese moguls. Chinese stars are cast in supporting roles. Praise for Chinese culture is being randomly stuck into scripts. In some cases, such ploys have paid off: 2015's […]
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2016-11-28
Horizons Ventures, Hong Kong tycoon Li Ka-shing's venture-capital fund, has led a US$7.5 million series A funding round in Soul …
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2016-11-28
Horizons Ventures, Hong Kong tycoon Li Ka-shing's venture-capital fund, has led a US$7.5 million series A funding round in Soul Machines, a developer of intelligent and emotionally responsive avatars. San Fransisco-based Iconiq Capital also participated in the round, which will allow Soul Machines to invest toward its objective of humanizing technology to create intelligent and […]
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2016-11-28
Substandard donor semen highlights tough task in lifting world’s lowest birth rate
2016-11-28
Shanghai, China, November 28, 2016 /ChinaNewswire.com/ – AccorHotels has successfully grown every brand in its portfolio notwithstanding the economic slowdown over the past decade. With its wide spectrum of properties from the luxury to economy segment, the group aims to meet and cater to the various needs and preferences of its diverse clientele from business… Read More
2016-11-28
Alibaba Pictures Group is to acquire a 30% stake in Chinese film investment company Hehe Pictures to become its second …
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2016-11-28
Alibaba Pictures Group is to acquire a 30% stake in Chinese film investment company Hehe Pictures to become its second largest shareholder, the firm announced today. The investment value was not disclosed. "Hehe Picture has made innovative progress in movie investment and distribution," said Zhang Qiang, chief executive of Alibaba Pictures. "We hope to explore […]
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2016-11-28
QuantGroup, which provides online financial services including credit-based consumption and IOUs, has reportedly closed a RMB500 million investment round. China's …
2016-11-28
South Korean online game company ACTOZ announced that they have appointed Guo Haibin, former general manager of Qihoo 360's online …
2016-11-28
Cheetah Mobile's financial report for the third quarter of 2016 financial year shows that its total operating revenue reached CNY1.128 …
2016-11-28
China's Sunshine Insurance Group Corporation has led a RMB500 million (US$73 million) series C round of financing in QuantGroup, a …
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