Global insurance firm Starr Companies has led a US$70 million round in Gushengtang, a traditional Chinese medicine clinic chain. The Chinese company announced the news during a press conference held in Shenzhen yesterday. Ping An Insurance (Group) Co. also participated in the round. Founded in 2010, Gushengtang previously received US$30 million series B round from […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.