SHANGHAI (Reuters) – Use of microblogging in China quadrupled in 2011 compared with the previous year, with nearly half of all Chinese Internet users now taking to the near-instant service to gather news and spread views, a government Internet think tank said Monday.

NEW YORK (Reuters) – Social games maker Zynga is partnering with Tencent Holdings Ltd, the Chinese Internet company, to launch its first game in mainland China as it tries to find new users by tapping into the $5.8 billion Chinese games market.

SHANGHAI (Reuters) – The number of Chinese Internet users hit 485 million at the end of June, with microblogging and group-buying posting the highest user growth rates, a Chinese government Internet statistical body said on Tuesday.

SHANGHAI (Reuters) – The rash of accounting scandals that has hit U.S.-listed Chinese stocks has not curbed the appetite of private equity and venture capital firms looking for the next set of Chinese Internet stars in the mainland’s “So-Lo-Mo” and luxury e-commerce sectors.

Reuters – The rash of accounting scandals that has hit U.S.-listed Chinese stocks has not curbed the appetite of private equity and venture capital firms looking for the next set of Chinese Internet stars in the mainland’s “So-Lo-Mo” and luxury e-commerce sectors.

HONG KONG (Reuters) – Xunlei Ltd, a Chinese Internet platform company in which Google has a small stake, decided to postpone its initial public offering of up to $200 million in the United States because of unfavorable market conditions, IFR reported on Friday, quoting a source with knowledge of the decision.

SHANGHAI (Reuters) – Tencent Holdings, China’s most valuable Internet company, said on Wednesday it has invested into a fund that will support early-stage Chinese Internet firms.

BEIJING (Reuters) – China announced a new State Internet Information Office on Wednesday to unify the squabbling agencies that oversee the Chinese Internet, which Beijing views as both a potential gold mine and a political threat.

Google’s gambit pays off as China renews its license–but its Hong Kong site could still be blocked. China has blinked in its tense battle with Google, renewing the search giant’s license to use its Chinese Internet address, Google.cn.

WASHINGTON (Reuters) – The United States is studying whether it can legally challenge Chinese Internet restrictions that hurt Google and other U.S. companies operating in China, but direct talks with Beijing might yield faster results, the top U.S