COFCO (China National Cereals, Oils and Foodstuffs Corporation) says its B2C eCommerce website Womai.com has received investments from SAIF Partners. The specific terms of the investment are not disclosed. The investment is estimated to be more than $10 million. Womai.com says it will use the investment for marketing and network expansion across the country. At […]

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.

Rong360.com, an online private lending search service provider, is said to have closed $30 million series B financing, according to Chinese media reports. The specific institutions involved in the funding round is not announced, but Sequoia Capital is reported to be the lead. Beijing-based Rong360.com is founded in October 2011. Five months later, the company […]

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 China-EU strategic partnership is suffering from the EU's lack of a clear vision, China's inability to make the relationship more consistent, and the two sides' differing views of the partnership's purpose. But several measures could strengthen the…

SALES of new residential properties rose by more than one third in Shanghai in the first half of this year, a sign of recovering sentiment among buyers despite austerity measures to rein in housing speculation remaining in place, the Shanghai Statistics Bureau said today.

SALES of new residential properties rose by more than one third in Shanghai in the first half of this year, a sign of recovering sentiment among buyers despite austerity measures to rein in housing speculation remaining in place, the Shanghai Statistics Bureau said today.

CHINA is taking small steps toward a monetary framework that works through market-based rates, as the People's Bank of China wants a firm grip over credit conditions that have been weakened by the shadow banking system, said Standard and Poor's Ratings Services.

CHINA is taking small steps toward a monetary framework that works through market-based rates, as the People's Bank of China wants a firm grip over credit conditions that have been weakened by the shadow banking system, said Standard and Poor's Ratings Services.

SHANGHAI stocks gained the most in two weeks amid rising expectations that the government may take measures to spur economic growth.

SHANGHAI stocks gained the most in two weeks amid rising expectations that the government may take measures to spur economic growth.

MA Guoqiang has stepped down as general manager of Baoshan Iron & Steel Co, China's largest listed steel company, to join Wuhan Iron & Steel Group.

MA Guoqiang has stepped down as general manager of Baoshan Iron & Steel Co, China's largest listed steel company, to join Wuhan Iron & Steel Group.

SHANGHAI'S gross domestic product expanded 7.7 percent from a year earlier to 1.02 trillion yuan (US$164.5 billion) in the first half of this year, the Shanghai Statistics Bureau said today.

SHANGHAI stocks leaped in the morning session, led up by heavyweights in the financial sector, non-ferrous metal producers and railway firms.

The author is Alberto Forchielli , founder and managing director of Mandarin Capital Partners, a private equity fund focused on capitalizing Europe-China cross-border investments. The preceding Chinese government proved able in denouncing economic risks without causing the country to explode in crisis. The Chinese GDP continued to grow at a rate exceeding expectations and was […]

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There is nothing perverse in a falling consumption share of GDP as the country benefits from higher productivity and double-digit growth in real wages

OIL fell yesterday after the US government said sales of previously occupied homes dipped in June.

OIL fell yesterday after the US government said sales of previously occupied homes dipped in June.

MINING companies and banks helped the stock market overcome some disappointing quarterly performances yesterday.