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2014-12-03 17:59
Wanda Group In Talks to Buy Lions Gate, MGM in Hollywood Push

Wanda Group In Talks to Buy Lions Gate, MGM in Hollywood Push
Talks are at an early stage and may not lead to a deal, he said. Wanda has also held discussions about investing in Metro-Goldwyn-Mayer Inc., Wang Jianlin, chairman of Dalian Wanda Group Co., said to Bloomberg.


Results Coming Soon On Qualcomm Anti-Trust Probe
The environment for lawsuits of patents in China becomes more mature this year. The government emphasized the importance of copyrights and patents, and courts for patent lawsuits are being set up in Beijing, Shanghai and Guangdong.

Foreign firms set for tougher tax scrutiny
The ongoing campaign against corporate tax dodging has rippled through the foreign business community in China, following the government's move last week to levy $140 million in back taxes on United States-based Microsoft Corp.

More than One-Third of Applicants Skip Civil Service Exam
A job in the civil service has lost its appeal among people who were born in the 1990s
Some analysts attributed the decline in interest to the central government's efforts to fight corruption, making the jobs less appealing. Others argued that it could have something to do with the introduction of stricter qualifications during the screening stage.

Royalty fee for online TV shows increased by 10 times in the past five years
Online video websites put more efforts in producing their own shows
With the hot money inflows into the film production industry in China, film production begins to boom, yet the large capacity does not mean high quality. From 2009 to 2014, sale price of exclusive online shows increased from 20 thousand per episode to 2 million per episode, and might continue increasing.

Ministry of Culture wipes out lewd contents online
Baidu APPs and Tencent Animation are investigated
Ministry of Culture announced the list of companies being investigated which includes Baidu, Tencent and Qihoo360.

Suning denied selling scrapped laptops
CCTV reported Suning delivered a scrapped Lenovo laptop to a consumer yesterday.

Ali strenthened their mobile end
Selling prescription medicine online
From November 24th to 28th, the “Ali Heath” mobile app carried out its one-week test, and took the first step in the e-commerce of prescription medicine in China.

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