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

The consequences of Russia’s intervention in Syria stretch far beyond the Middle East. They also herald the beginning of a new era in geopolitics, in which large-scale military interventions are not carried out by Western coalitions, but by countries acting in their own narrow self-interest, often in contravention of international law.

Reserves decline by only $30bn in February as renminbi stabilises

Beijing-based mobile office solution provider FXiaoKe has completed an undisclosed series E financing round led by CITIC Private Equity Funds Management Co., Ltd. (CITIC PE) and Hillhouse Capital, according to Chinese media reports citing a press conference hosted by the company. Existing investors IDG Capital Partners, DCM and Northern Light Venture Capital also participated in […]

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Collision-course warning from city’s delegates at Beijing meetings

Investors are using a variety of ways to cope with the Chinese economy and the ‘enemy within’

Investors are using a variety of ways to copy with the Chinese economy and the ‘enemy within’

Beijing-based enterprise cloud computing services provider QingCloud has completed US$100 million series C round of financing from two undisclosed Chinese investors with participation from existing investor BlueRun Ventures, according to Chinese media reports. The company says it will use the proceeds on research and development, infrastructure build-up and product improvements. Founded in 2012, QingCloud raised […]

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After expanding at an annualized rate of 17% between June 2013 and December 2015, China's local government debt may grow at a slower pace going forward and pose only limited impact to the local government's fiscal soundness, says a research report by Standard & Poor's Ratings Services. The rating agency estimates that total local government […]

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wasting moneyAlibaba's Alipay affiliate controls how Chinese netizens spend their money; and now Alibaba Group owns a lottery operator and controls …

A unit of Alibaba Group Holding Ltd. is to acquire control of Hong Kong-listed lottery operator AGTech Holdings Ltd. for around HK$2.39 billion (US$308 million), according to a disclosure document. Ali Fortune Investment Holding Ltd., 60% owned by Alibaba and 40% by Alibaba's financial services arm Ant Financial, has agreed to buy HK$1.68 billion of […]

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Companies parade their wares to win competitive tenders for defence equipment

China's National People's Congress has set growth as the top priority for 2016, targeting a 6.5% to 7% economic expansion for the year and sending strong signals to the market that the country will now shift its focus to stabilizing growth, says a research report by Mizuho Secirities Asia Ltd. China also set aggressive monetary […]

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Combination of slowdown and adoption of renewable energy mean past projections are too pessimistic