Headlines from China: Why 70% of Chinese Films and TV Shows Are Shot in Hengdian

 /  Headlines From China  / 
Located in a remote town in China's Zhejian province, Hengdian World Studios has become the largest film studio in the world, attracting seventy percent Chinese film and TV crews to shoot there every year. Read More

TCB In RMB: A Weekly Business Roundup

 /  Money  / 
SoReal, the Virtual Reality venture of acclaimed Chinese auteur Zhang Yimou opened its first concept store this past Tuesday in a 32,000 square-foot location in central Beijing. Although the company refers to it as a VR Museum, it is more like an arcade, featuring VR films, interactive VR games and other immersive experiences-- and already Chinese reports are expressing doubts regarding its commercial viability. Read More

LeEco Cash Crunch Eases With Share Transfer

 /  Money  / 
With the completion the share transfer formalities, LeEco has sold 171 million shares, or 8.56 percent of the arm’s total equity, for RMB 6.04 billion. Read More

Is US$2.4 Billion Enough to Redeem Cash-Strapped LeEco?

 /  News  / 
China real estate titan Sunac China Holdings Ltd. will become LeEco's second-largest shareholder after leading RMB 16.8 billion (US$2.4 billion) in fresh funding. Read More