Country’s austerity campaign driven largely by leadership’s determination to address what it sees as slipping moral standards of Communist party elite

The HSBC/Markit Flash Purchasing Managers Index (PMI) came in at 47.7 in July, lower than Bloomberg consensus of 48.2, suggesting China's manufacturing growth momentum weakened further. The number is also down from June's reading of 48.2. Goldman Sachs Gao Hua says the sub-indexes send somewhat mixed signals about the health of the Chinese economy. Overall […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

A 10,239-square-meter land plot in Hongkou District designated for office and retail development fetched 1.04 billion yuan (US$169 million) today, 49 percent above its starting price, evidence for continuously buoyant sentiment in the city's land market.

Munich, Germany-based JenaValve Technology Inc., a heart valve implant producer, says it has completed its $62.5 million series C round of financing with a group of venture capital investors. Belgium-based Gimv, a Brussels Stock Exchange-listed venture and private equity firm, led the investment. Beijing-based Legend Capital and Boston-based Omega Funds are new investors partaking in […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

SHANGHAI stocks retreated today after a report signaled China's manufacturing activity may have slowed for a fourth straight month to the lowest in 11 months, while fears over a liquidity crunch reignited after lending rates in the interbank market rose for a sixth day in a row.

CHINA'S economic slowdown is likely to weigh on economies around the world because of their exposure to the nation's exports, commodity prices and financial market channels, according to a report.

IT'S very unlikely the People's Bank of China will lower the reserve requirement for commercial banks in the near term, said Oliver Chiu, head of research and investment advisory of retail banking at Citibank China.

THE Industrial and Commercial Bank of China has lost its standing as the world's largest bank by market capitalization to US-based Wells Fargo, data showed today, as China's economy slows.

SHANGHAI stocks declined for the first time in three days after a report signaled China's manufacturing activity may have slowed for a fourth straight month, to the lowest in 11 months.

SHANGHAI stocks declined for the first time in three days after a report signaled China's manufacturing activity may have slowed for a fourth straight month, to the lowest in 11 months.

Temasek Holdings says 65-year-old Lim Boon Heng is to become its fourth chairman on August 1, succeeding S. Dhanabalan, who served as the Singaporean sovereign wealth fund's chairman for the past 17 years. S. Dhanabalan will be retiring from Temasek's board ahead of his 76th birthday in early August. Lim Boon Heng became a board […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

CHINA'S manufacturing activity may have slumped to an 11-month low in July amid weakening performance in the world's second-largest economy, a survey showed today.

CHINA'S manufacturing activity may have slumped to an 11-month low in July amid weakening performance in the world's second-largest economy, a survey showed today.

Himax Technologies, Inc., a Taiwan-based manufacturer of advanced display drivers and other semiconductor products, says it has entered into an agreement with Google Inc. for the Internet giant to acquire a minority stake in its subsidiary, Himax Display Inc. The valuation of the investment is not disclosed. Google will purchase preferred shares in Himax Display […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Cn.msn.com, the official website of Microsoft's MSN China, formally launched the Chinese version of the trend tracking service named msnNOW. This new service integrates the global search technologies of Bing. By exploring various popular social platforms, portal information, and search websites, it realizes real-time analysis and display of information, social and search hot spots. Prior […]

UNEVEN corporate earnings news left the stock market mixed yesterday.

UNEVEN corporate earnings news left the stock market mixed yesterday.