New York Stock Exchange-listed China Cord Blood Corporation, in which KKR & Co. L.P. has made an investment, has received a counter offer from Chinese mall operator Nanjing Xinjiekou Department Store Co., Ltd. to take the company private, according to an announcement. The Shanghai-listed mall operator proposes to acquire all of China Cord Blood Corporation's […]

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Beijing-based CASH Capital, a venture investment unit launched by the Chinese Academy of Sciences Holdings Co. (CASH Holdings), has launched its second fund to invest in the TMT (technology, media, telecom) and life sciences sectors, according to an announcement posted on the parent company's website. The RMB-denominated vehicle reportedly has a fundraising target of as […]

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Shenzhen-based smart home device maker Orvibo has completed RMB78 million (US$13 million) series A+ round from Legend Star, a Chinese incubator program launched by Legend Holdings, Tiger Cub Equity Investment Fund, Taiwanese fabless IC maker MediaTek Inc., and other unnamed investors, according to Chinese media reports. The company says it will use the proceeds to […]

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U.S.-based Chinese fashion e-commerce website Moonbasa.com is preparing a new channel for U.S. manufacturers to sell to Chinese consumers. Moonbasa will officially launch its US Brand Mall by the end of August 2015. The US…

China-based ZTE Corporation has signed a memorandum of understanding with Malaysia's U Mobile Sdn Bhd for the development of Pre5G mobile broadband technologies. The partnership will help U Mobile deliver substantial network performance upgrades using ZTE's proprietary Pre5G technologies including Massive MIMO. The MOU, signed in Shenzhen by Too Tian Jen, Chief Technology Officer of […]

FT series: Urbanisation is leading to violent clashes between developers and farmers amid a fight for control of the land

The potential for the use of nuclear arms has increased and is likely to rise, says Richard Haass

Beijing to acknowledge importance of such enterprises to the economy