Chinese state-owned conglomerate China Merchants Group has partnered with Australian fund manager Hastings Fund Management to secure a 98-year lease of Australian's export port of Newcastle, according to China's official Xinhua News Agency. The pair, as equal partners in the deal, will pay A$1.75 billion (US$1.63 billion) for the lease of the world's largest coal […]

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.

Officials strived for a year to suppress data showing that the country is poised to overtake the US as the world’s biggest economy

China’s official manufacturing purchasing managers’ index (PMI) climbed to 50.4 in April from March’s 50.3, just shy of market forecasts of 50.5, according to China’s National Bureau of Statistics. A PMI reading below 50 indicates a contraction. The new export order index, raw material inventory index and supplier delivery time index were higher than those […]

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.

Many people in Latin America understand the potency of Russian feelings about Crimea. Nonetheless, the principle of non-intervention carries equal force, and violation of existing internationally recognized borders is anathema.

Sunnyvale, California-based Ayla Networks says it has closed US$14.5 million series B financing from Cisco; the International Finance Corporation (IFC), Chinese venture firms SAIF Partners and Linear Venture, as well as SJF Ventures. Existing investors Crosslink Capital and Voyager Capital, both based in the U.S., also participated in the new funding round. Ayla will use […]

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.

The author is ANZ greater China chief economist Liu Li-Gang China’s official Purchasing Managers' Index (PMI), the bellwether of large industrial firms, picked up modestly to 50.4 in April from March’s 50.3, generally in line with market expectations. In the meantime, the HSBC PMI, representing a group of private-sector and small and medium enterprises, also […]

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.

President warns China will pursue a ‘strike-first’ strategy in Xinjiang after attack on railway station in region leaves three dead and scores injured

In line with their global peers, short-term confidence among China’s CEOs has returned. About 47% are "very confident" in their company’s growth prospects over the next 12 months, up from the record low of only 40% last year, according to an annual global CEO survey conducted by PricewaterhouseCoopers. In 2013, China’s GDP grew by 7.7% […]

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.

Sobering assessment of oceans follows the release of a report that estimated the extent of heavy metals pollution in China’s agricultural land

After Shanda sold its 41% Ku6 stake to Xu Xudong, founder of Sky Profit, the Chinese Internet video website announced a series of personnel adjustments, including the departure of its CEO. Ku6's chief executive officer Du Fang and chief technology officer Lu Jian both reportedly departed the company. Du confirmed to local media that he […]