Chinese telecom device maker Huawei invested USD9.2 billion in research and development in 2015, accounting for 15% of the total …
2016-06-08
2016-06-08
Beijing’s Lou Jiwei uncharacteristically challenges US criticism of country’s industrial overcapacity
2016-06-08
Everyday at China Money Network, we monitor where smart money including private equity and venture capital is investing in the country. But reading the following news made we wonder if some venture capitalists have completely lost their minds? The founder of so-called knowledge sharing mobile app Zaihang and its new Wechat-based product Fenda announced via […]
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.
2016-06-08
Cosmetics group accused of bowing to Beijing pressure for cancelling pop star’s concert
2016-06-08
The outcome seems clear for a bidding war to take NASDAQ-listed iKang Healthcare Group, Inc. private ten months after company founder proposed a go-private proposal. Both iKang's founder Zhang Ligang and another investor consortium led by rival Meinian Onehealth Healthcare (Group) Co. said they would withdraw their previous non-binding proposals, leaving Yunfeng Capital's bid the […]
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.
2016-06-08
China's export growth in U.S. dollar terms declined 4.1% year-on-year in May, compared to -1.8% in April, largely in line with market expectations. Imports growth in U.S. dollar terms picked up to a slight decrease of 0.4% year-on-year from -10.9% in April, much stronger than expected. The export numbers provide little indication of external demand […]
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.
2016-06-08
Imports contract at slowest pace since 2014 as stimulus pays off
2016-06-08
China will give a RMB250 billion (US$38 billion) investment quota to the U.S. under the Renminbi Qualified Foreign Institutional Investor (RQFII) scheme, the largest after Hong Kong, paving the way to finally broaden the use of the Chinese currency in the world's largest economy. Chinese central bank vice governor Yi Gang announced the first such […]
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.
2016-06-08
EQT Greater China has sold its 30% interest in Chinese aluminum die casting manufacturer Modern Metal & Precision Holdings Ltd. to JD Capital, completing an exit from an investment it made six years ago. In an announcement, EQT says the company's founders also sold a 49% stake to JD Capital in the same deal. Financial […]
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.
2016-06-08
A unit of Singapore investment company Temasek Holdings has launched the issuance of US$500 million listed bonds backed by a portfolio of 34 private equity investments valued at US$1.1 billion, including funds managed by the Blackstone Group, KKR, TPG Capital and Warburg Pincus. The 34 private equity funds are invested in more than 590 companies […]
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.