In recent months, the Chinese government has leveled a series of allegations of corporate misconduct – ranging from food-product contamination to price rigging and bribery – against multinational firms. Whatever spurred this regulatory activism, the implication is clear: the age of irresponsible business in China has ended.
2013-08-20
As tide of cheap money rolls back from emerging economies, analysts warn Asia could be facing new crises not unlike the experience of the 1997-98
2013-08-20
As tide of cheap money rolls back from emerging economies, analysts warn Asia could be facing new crises not unlike the experience of the 1997-98
2013-08-20
British industrial company Edwards Limited has agreed to be acquired by Swedish engineering company Atlas Copco AB for about $1.6 billion. The deal provides an exit for Asian private equity firm Unitas Capital and U.S. firm CCMP Capital. The two private equity firms own 84% of Edwards Ltd. They invested in the vacuum solutions provider […]
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.
2013-08-20
Ejoy Technology, an online game developer co-founded by NetEase’s former chief operating office Zhan Zhonghui, has secured nearly RMB100 million ($16.22 million) series A funding from IDG Capital Partners, according to local media reports. The company says it will use the proceeds to do research and development of a 3D multiplayer game. Founded in 2011, […]
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.
2013-08-20
CITIC Capital Holdings Limited, Oriza Holdings and China Merchants Group have formed an investor consortium to invest in S.F. Express. The investor group will acquire no more than 25% of the Shenzhen-based logistics company. CITIC Capital is making the investment through its first RMB fund, CITIC Capital (Tianjin) Equity Investment Partnership. In a company announcement, […]
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.
2013-08-20
In this episode of China Money Podcast, guest Chien Lee, founder and chairman of NewCity Capital, brings you inside the mysterious VIP rooms in Macau's casinos; explains how much you need to get a seat at the table; shows how the money flows from the casinos to the VIP room promoters, to the agents, and […]
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.
2013-08-20
Another nail in the coffin has landed for New Zealand milk in China as a new dairy reports a product quality issue related to milk exported to China. New Zealand-based dairy company Westland Milk Products announced that a small amount of lactoferrin powder with elevated nitrate levels has been exported to China. The product has […]
2013-08-20
Economic Observer reports: In Hunan, most electricity is sourced from hydropower plants. Last year and over the first half of this year, the supply of water to power the hydro stations was ample, so most thermal power plants were operating…
2013-08-20
Chinese telecom operator China Mobile published its performance results for the first half of 2013, stating that during the reporting period the company achieved operating revenue of CNY303.1 billion, a year-on-year increase of 10.4%. The company's profit attributable to shareholders was CNY63.1 billion, a year-on-year increase of 1.5%. The company also said that its net […]
2013-08-20
In order to achieve sustainable, equitable, and innovative GDP growth, China needs a new, more sophisticated growth model – more like a “growth order.” With a more inclusive, long-term approach that emphasizes strong institutions and eliminates perverse incentives, China's leaders can foster a more balanced economy and society.