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June
25
Chinese consumers are obeying their government's exhortations to spend more and increasingly they are doing so using plastic. In 2008, the number of credit and debit cards in circulation in China grew 20%... more »
June
16
One of the unifying characteristics of Chinese society is its propensity to save. That's not such good news for the global economy and, more specifically, for businesses whose prosperity depends on Chinese consumer spending...
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Until now motion sensor technology has been limited to high-end phones but Cogo Group, a Chinese electronics supplier, believes the technology will soon trickle down to China's mass market... more »
US software house New Momentum, which specialises in anti-counterfeiting software, opened an office in China to address growing demand for its software-as-a-service offering in the PRC... more »
June
15
Do western investors really need another fund focussed on Chinese equities? Société Générale Asset Management's new fund is targetting Chinese consumer industries with "high barriers to entry"... more »
April
28
China's online games market raked in 2.8bn in 2008, up 63% on the previous year according to Pearl Research, a US-based research house. Online games are one of the most popular pastimes for Chinese internet users and the industry has grown to have several sizable players...
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One swallow doesn't make a summer. But here's another sign that China's private equity industry may be back on track. Zhu Lei, managing director with Credit Suisse's Beijing office, is leaving to set up his own PE firm...
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April
27
Not every business has trouble raising funds in the down economy. Chinese sports clothing manufacturer Fujian Peak has tapped VC firms Sequoia Capital China, Legend Capital, and the investment arm of China Construction Bank, CCB International, for 400m yuan... more »
Canada's Imax has signed a deal with China Film Group Corp (CFGC) to install one of its jumbo screens in a new multiplex in Tianjin, this October. The deal brings to 41 the number of screens Imax expects to have by 2012 in China..
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English beer is an acquired taste to the non-English. But just as China's Tsingtao Bear trades on its exoticness the world over, there's nothing to stop Double Maxim beer going down a treat with Shanghai sophisticates... more »
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