Russia’s bold entry into Syria’s civil war could well end badly for its leadership. But just as Russia might lose for going in, the US could lose for staying out – or, more specifically, for failing to design, much less pursue, a coherent, goal-oriented policy in the country.

The emissions scandal is in the price. Is China?

Unable to contain the chaos and violence engulfing the Middle East and North Africa, Western leaders are once again succumbing to the idea that sometimes the only way to ensure stability is to support a dictator. But tyranny is never genuinely stable, …

Challenge to China’s claims raises prospect of militarisation of islands

Los Angeles-headquartered alternative investment firm Oaktree Capital Management, L.P. has secured RMB1 billion (US$158 million) at the final closing for its first Qualified Domestic Limited Partner (QDLP) fund, according to a company announcement. The Shanghai Oaktree I Overseas Investment Fund, L.P. received investments from Noah Holdings, CreditEase Wealth Management and Harvest Capital Management. Oaktree was […]

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.

Shanghai-based 9Now.cn, a location-based services (LBS) mobile app for restaurant booking management, has completed RMB500 million (US$79 million) series C round of financing, according to its website. Participating investors include Shanghai-based Yelp-like review website Dianping.com, Baidu Inc., Matrix Partners, and other undisclosed investors. Founded in 2013, 9Now.cn allows restaurant-goers and restaurants to better manage bookings. […]

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 Stock Exchange-listed Chinese social networking firm Renren Inc. has completed an additional US$150 million preferred stock investment in San Fransisco-based online lending firm Social Finance Inc (SoFi), according to an announcement. Renren is planning to obtain US$130 million in bank loans to finance the investment. Just a few weeks ago, SoFi raised US$1 […]

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.

French retailer Carrefour realized sales of about EUR21.5 billion in the third quarter of 2015, a year-on-year increase of 4.2%; meanwhile, its sales in China decreased by 11.2%. The company revealed that during the reporting…

Morningside Ventures has completed raising its fourth China TMT (technology, media, telecom) fund, securing a total of US$660 million, according to securities filings. Three funds reached final closing in September. The Morningside China TMT Fund IV, L.P. raised US$400 million. The Morningside China TMT Special Opportunity Fund II, L.P. and Morningside China TMT Fund IV […]

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.

The annual growth rate of China's capital allocations to its "One Belt One Road" initiatives will double from 15% to 30% over the next three years, meaning a total of over US$200 billion will be spent on the initiative by 2018, according to estimates by UBS AG. Specifically, the initiative refers to the "New Silk […]

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.

Hairy crabs, crops grown beneath panels to navigate land use rules

The author is founder and CEO of T.H. Capital Tian X. Hou Baidu Inc.'s third quarter results are likely to be overwhelmed by the company's deals in the O2O (online-to-offline) space, but the level of uncertainties has already been mitigated. We believe Baidu almost has no alternatives but to invest in food delivery as well […]

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.

Apple's 25th Apple Store in China, which is located in Dalian Parkland, has started its formal operation. According to Apple, the company plans to increase the number of its retail stores in the Chinese market to 40 by mid 2016. Since the beginning of 2015, Apple has opened new sites in Zhengzhou, Hangzhou, Chongqing, Tianjin, […]

Legal framework will allow companies and US government to swap data about cyber threats

China Mobile's performance report for the first three quarters ended September 30, 2015, shows that its operating revenue reached CNY512.739 billion, a year-on-year increase of 6.5%; and its net profit attributable to shareholders was CNY85.4 billion, a year-on-year increase of 3.4%. At the same time, the company's net profit rate was 16.7%; its earnings before […]

US investigators believe cyber attack was aimed at learning about insurance system