The Beijing municipal government will start providing financial subsidies to kindergartens this year in efforts to improve services without raising fees. The municipal government said Wednesday that it would provide 1,000 yuan (154 US dollars)…
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Beijing provides subsidies to kindergartens after child abuse case
Ant Financial drops MoneyGram deal as US approval fails
BEIJING (AFP) – Ant Financial, an affiliate of Chinese internet titan Alibaba, has been forced to abandon a $1.2 billion deal to buy US remittances firm MoneyGram after failing to get approval from regulators in…
China’s Wanda mulls sport unit IPO and sale of overseas assets – sources
HONG KONG, Jan 4 (Reuters) – China’s Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalise its portfolio that could also include other sales, according…
Wanda Looking at IPO for Sports Division (Report)
China’s Dalian Wanda is reportedly preparing an initial public … Other sports operations in the package could include Wanda’s holdings in soccer and basketball leagues. But the IPO is unlikely to include Wanda’s 20% stake…
China’s Wanda mulls sport unit IPO, sale of overseas assets: sources
China’s Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalise its portfolio that could also include other sales, according to five people familiar with the…
China may be looking to exploit a US move to cut aid to Pakistan
“China has a rivalry with both the US and India, and mainly China is using Pakistan as an anchor for its One Belt One Road policy,” McCarthy told Business Insider. McCarthy explained that Pakistan is…
China tightens bond trading rules in deleveraging campaign: Sources
The rules, jointly issued by the People’s Bank of China and China’s banking, securities and insurance regulators, come as Beijing launches a series of co-ordinated initiatives across government agencies designed to reduce leverage in the…
Apple is China’s top mobile brand (AAPL)
To be the first to know, please click here. While iOS may not be the leading OS in China, Apple is China’s leading device manufacturer and accounts for the largest share of monthly active devices…
Wanda mulls sport unit IPO and sale of overseas assets: sources
An IPO of Wanda’s sports assets would include Infront Sports … of its deals in the past five years – ran into official opposition last year when Beijing labelled overseas deals in those areas “irrational”.…
Apple is China’s top mobile brand
This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers hours before appearing on Business Insider. To be the first to know, please click here. While iOS may not be the leading OS…
DHX Brands Grows Teletubbies in China with New Toy and Publishing Deals
HALIFAX, Jan. 4,2018 /PRNewswire/ – DHX Brands, the dedicated brand management and consumer products arm of DHX Media (or the “Company”) (TSX: DHX.A, DHX.B; DHXM) has signed its first two consumer products deals in China…
Macron heading to China to strengthen economic ties
PARIS (AP) — French President Emmanuel Macron will head to China next week to strengthen commercial ties with the world’s second-largest economy. It will be Macron’s first state visit to China since he won election…
Buyers beware: China’s property bonds face the highest risk of default among borrowers in 2018
Bonds from China’s property developers face the biggest risk of default in the nation’s domestic debt market as the government’s funding curbs strain their finances, according to a survey of analysts and traders. Ten out…
