India's midday meal scheme has transformed lives and helped educate a generation of poor schoolchildren. The tragedy in July in Chhapra, in which 23 children died after eating a poisoned lunch, would be compounded were it to end up derailing a program …
2013-08-12
The family of British businessman Neil Heywood, murdered by the wife of a leading Chinese politician in 2011, criticises Beijing for ignoring its pleas
2013-08-12
Shanghai Buttonwood Capital led $1 million series B funding for zhubao.com, a Chinese C2C online jewelry vendor for an undisclosed stake, according to Chinese media reports. The round took place in May. Other investors included angel investors Wang Lijie, Cai Wensheng and Xue Manzi. Beijing-based Zhubao.com received its first round of financing from PreAngel Partners […]
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.
2013-08-12
The author is China International Capital Corporation's research department Last week, the A-share market rebounded on better-than-expected July economic data and moderate liquidity improvement. Non-ferrous metals, autos, retail and agriculture were among the biggest gainers, while software services, city utilities and media pulled back. We do not think the better-than-expected July macro data is a […]
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.
2013-08-12
The authors are Standard Chartered's economists Stephen Green and Lan Shen Activity in China’s 200 or so small, lower-tier cities is a key factor in determining the impact of the real-estate sector on economic growth this year. Although we have data on construction, transactions and apartment inventories in China’s biggest 30 cities, understanding what is […]
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.
2013-08-12
The author is Michael Werner, senior research analyst covering the Chinese and Hong Kong banks at Sanford Bernstein & Co. China's July total social financing (excluding bank loans) growth was 85% below the first half monthly average. But new RMB loans, at RMB700 billion, topped market expectations by 9%. We believe that further de-leveraging of […]
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.
2013-08-12
China's State Council released a document this weekend on developing its energy efficiency and environmental protection sectors. The document says that the two sectors will strive to reach over 15% average annual growth in the next three years. By 2015, the two sectors' industrial value aims to reach RMB4.5 trillion ($735 billion), making them strategically […]
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.
2013-08-12
Silicon Hutong says: The China operation of GSK stands accused of price fixing, of bribing doctors and hospitals by funneling those funds through travel agencies, hiding the bribes as travel costs and thus engaging in fraudulent financial accounting, and of…
2013-08-12
The People's Bank of China released preliminary data on total social financing in July, indicating overall credit reached RMB809 billion in the first month of the third quarter, RMB243 billion lower than the same period last year. From January to July, total cumulative social financing stood at RMB10.96 trillion, RMB2.13 trillion more than the same […]
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.
2013-08-12
Medipal Holdings Corporation and Mitsubishi Corporation have each purchased 20% of shares in major Chinese pharmaceutical wholesaler Sinopharm Group Beijing Tianxingpuxin Bio-med Sinopharm Holding Company Ltd. in Beijing. Terms and price of the share purchase have not been disclosed. As part of efforts to gain a foothold in China's booming healthcare business, Medipal and MC […]
2013-08-12
Chinese Internet security software provider Rising and Chinese telecom equipment maker Huawei signed a strategic cooperation agreement to jointly develop a proprietary virtualization security product. With the cooperation, the two parties aim to develop the world's leading virtualization security solutions. In the virtualization environment, most traditional security solutions providers are facing new challenges. For example, […]
2013-08-12
China plans to accelerate investment in technology both to save energy and tackle the environmental problems blamed for a series of health crises
2013-08-12
Chinese governments’ efforts to step up scrutiny of drug prices highlights difficulties involved in trying to compare costs across different markets
2013-08-12
Customer relationship marketing firm Merkle announced that it is opening its second China office in Nanjing. Merkle, which opened its first international office in Shanghai in 2010 and currently employees more than 150 in China, will bring 100 new jobs to the area this year, and expects to double the number of employees by 2014. […]