New York Stock Exchange-listed Chinese Craigslist-like platform 58.com Inc. has acquired online recruitment platform ChinaHR.com for an undisclosed amount to expand its human resource services, according to an announcement posted on the company's Weibo account. The transaction follows a US$1.6 billion deal last month, in which 58.com is to acquire a 43.2% stake in rival […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Asian powerhouse’s overall trade with the world contracts 10.9% from a year ago

China's exports fell 6.4% year-on-year in April, falling short of the market's expectation of a 2.4% rise, and following a 15% contraction in March. Imports dropped 16.2% year-on-year for the month, also worse than the 12% expected drop, and after falling 12.7% in March. As a result, trade surplus widened to RMB210.2 billion (US$34 billion), […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Malaysian one-stop shopping center Pavilion has officially opened its new outlet in Dalian. Located in the Qingniwa commercial area, the new shopping center is expected to bring new one-stop shopping experience to local consumers in China's northeast. With a total construction area of 130,000 square meters, the new Pavilion shopping center accommodates over 300 stores […]

China Mobile, China Unicom and China Telecom published their performance for the first quarter of 2015 and all of them reported a net profit decline during the period. China Mobile said that the company's operating revenue in the first quarter of 2015 was CNY160.9 billion, a year-on-year increase of 3.9%; while its net profit was […]

Agreement on debt mechanism to be signed by Xi and Putin

Graft has been so rampant that there is barely an official who can claim to be untainted, writes Jingzhou Tao

The Russia-China summit will be stronger on show than substance