China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Nearly 30 per cent of the population is over 60 and many are dependent on the state

The ultimate contrarian emerging markets play could be McDonald’s Latin American franchisee

Police head off demonstration over collapsed metals trading scheme

Meeting to approve next five-year plan comes at crucial point for the economy

First visit by a Japanese PM to the region in nine years

Beijing-based Qunar, an online travel search and services firm controlled by Baidu Inc., is to announce a merger with rival Ctrip.com International Ltd., according to Chinese media reports. The news of the two parties' merger talks were first reported in April. Details of the transaction will be announced later today, says the reports. If announced, […]

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Chinese conglomerate the Fosun Group has established an Internet finance arm providing P2P (peer-to-peer) lending and other wealth management products online, according to news articles posted on the new web platform. The move marks Fosun's entry into the crowded world of P2P and Internet Finance start-ups in China, where at least dozens of newly established […]

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.

New York-based investment manager Carret Asset Management, LLC has appointed Kenneth Ho as managing partner of Carret Private Ltd., the company's newly established international business arm in Hong Kong. In this new role, Ho is responsible for building multi-family office activities in the Asian region for Carret, says a company announcement. Before joining Carret, Ho […]

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.

Taiwan Semiconductor Manufacturing Co., Ltd. revealed during its latest earnings conference that the company's net profit decreased by 1.3% year-on-year to NTD75.33 billion, which was about USD2.33 billion, in the third quarter of 2015. TSMC said that due to the declining demands of smartphones in the emerging markets and severe market competition, the company's net […]

Shanghai-based cross-border e-commerce platform Bolome has completed US$30 million series B round of financing from Baidu Inc., LB Investment, Chengwei Ventures and other investors, according to Chinese media reports. Founded in February, the eight-month-old start-up has raised US$43 million in total, and is currently valued at US$200 million, says the reports. Baidu is investing as […]

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.

IBM and China Electronics Corporation jointly announced that they will establish a joint innovation lab and begin in-depth cooperation. The joint innovation lab is based on the collaborative innovation model of IBM and its partners. It will combine technology and talent resource advantages of IBM and its partners such as CEC to help those partners […]

The world's leading food and beverage group Yum! Brands, Inc. announced that the company will separate its China businesses. With this move, Yum's China businesses will become an individual company that is independent from the…

Dutch leading supermarket chain Albert Heijn has opened its official flagship store on Tmall's international site Tmall.hk. With a history of nearly 130 years, Albert Heijn operates nearly 1,000 supermarkets in Holland. Its Tmall.hk flagship…

American chip manufacturer Marvell recently informed its human resources department will dismiss many global employees with nearly 800 employees in China set to lose their jobs. The employee layoff notice reportedly immediately met with strong…

About 800 employees working in China for U.S.-based semiconductor chip manufacturer Marvell have forced the company to negotiate over layoff plans. The recently distributed employee layoff notice reportedly immediately met with strong opposition from Marvell's Chinese staff, which led to a protest asking the company to implement equal negotiations. In response to the protest, Marvell […]

Jin Liqun dismisses concerns that new lender was instrument of Beijing