Shanghai-based China Media Capital (CMC) says it has made an investment in Beijing-based Chinese business media firm, Caixin Media Company Ltd. CMC purchased its stake of Caixin Media from an existing shareholder, Zhebao Media Holding Group Co., Ltd. The amount and valuation of the transaction were not disclosed. CMC’s chairman, Ruigang Li, will become the […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.