These partnerships and a focus on greater China should set CBID apart from larger but more diversified international news wires, said James Ogilvy-Stuart, the venture's chief executive.
His career includes a stint as the head of Asia for the Nasdaq stock market and 17 years at Bloomberg.
"There is no shortage of information about China, but only a small subset of that ever sees the light of day in English," Mr. Ogilvy-Stuart
said in an interview on Monday.
"We set ourselves the task of addressing that, of creating a much clearer picture, and to bring transparency to what's going on in the Chinese economy."
CBID's revenue will come mostly through subscriptions rather than advertising, Mr. Ogilvy-Stuart
A 12-month subscription, for example, will cost $250 a month, and a three-month subscription will be $300 a month, according to the company's Web site.
For now, the company is offering free two-week trials.
"We are unashamedly focused on the institutional corporate community - we are at the premium end of what is a niche market," Mr. Ogilvy-Stuart