Li Ruigang, who controls the media group CMC, is dubbed as China’s Rupert Murdoch. Photo: Keith Chan

Mainland developer China Vanke leads US$1.5 billion investment in media group CMC

New round of financing values company at 40 billion yuan

Topic |   China Vanke

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Li Ruigang, who controls the media group CMC, is dubbed as China’s Rupert Murdoch. Photo: Keith Chan
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