VENTURE CAPITAL POST

A flurry of private Chinese investment into Hollywood should prompt Beijing to loosen its restrictions on U.S. film imports, the mayor of Los Angeles said in China on Friday as he urged officials to raise the country's annual cap on foreign films.

Chinese e-commerce firm Alibaba Group Holding Ltd said on Thursday it has changed the name of its Alipay financial services affiliate to Ant Financial Services Group as it steps up its push into the financial services industry.

The U.S. Federal Bureau of Investigation said on Wednesday that hackers it believes to be backed by the Chinese government have recently launched attacks on U.S. companies.

U.S. stocks ended lower on Monday following protests in Hong Kong that added to worries about Chinese growth and after a disappointing forecast from Ford Motor Co(F.N).

Sunday Kenya made an agreement with China to finance 90% of the 609.3 kilometer railway project in Nairobi with cost estimate of SH 327 billion or $3.8 billion.

NEW YORK, NY and SHANGHAI, CHINA--(Marketwired - Apr 8, 2014) - BRIC Language Systems, shortly after entering the translation services industry, has been successful in securing a major account in PrivCo - Private Company Financial Intelligence founded by Sam Hamadeh. PrivCo has been cited thousands of times in international media for research done on IPO's such as Twitter, Weibo, and Candy Crush. First up on the radar for PrivCo, is the IPO of Chinese technology giant Alibaba.