International auction house plays down the impact of China’s economic slowdown as it prepares this week for its first sale on the mainland
2013-09-24
Chinese commerce ministry publishes list of equipment, chemicals and technologies that it said could be used to build ‘weapons of mass destruction’
2013-09-24
Western media are hailing news that the Shanghai Free-trade Zone may allow blocked websites like Facebook and New York Times. The news comes from South China Morning Post's reporting of an unnamed government source's statement: "In order to welcome foreign companies to invest and to let foreigners live and work happily in the free-trade zone, […]
2013-09-24
In many countries, public debate about gender equality focuses mainly on women’s access to top positions and high-powered career opportunities. But the broader question is whether women have the same opportunities as men to participate in labor markets in the first place – and recent research suggests that here progress has stalled.
2013-09-24
According to Luo Wenxia, vice president of Yonghui Supermarket, the company plans to open six stores at Wanda Plazas in 2013. Luo said Yonghui cooperates with Wanda Plaza in launching five or six stores on average each year. In 2012, the two parties jointly launched eight stores. In 2013, they plan to open six stores, […]
2013-09-24
The China HSBC flash PMI jumped sharply to 51.2 in September from 50.1 in August, stronger than market expectations of 50.9. The output component rose to 51.1 in September from 50.9 in August and the new orders component jumped to 52.6 from 50.8. More notably, the new export orders component rose sharply by 3.6 points […]
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.
2013-09-24
Chinese personal finance bookkeeping and management app maker Wacai.com says the company has received around $10 million venture investment from IDG Capital. In 2011, the company obtained angel investment of around RMB10 million ($1.6 million) from Ameba Capital. Wacai.com produces a mobile app that provides personal bookkeeping and wealth management platforms. The app currently has […]
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.
2013-09-24
Chinese used car information provider Souche Holdings Ltd. says the company has raised around $10 million of series B financing. Sequoia Capital led the the round. Existing investors Morningside Ventures and Yuan Du Ventures also participated. Souche says it will use the proceeds toward enhancing brand awareness and national expansions. Founded in November, 2012, Souche […]
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.
2013-09-24
Montage Technology Group, a Shanghai-headquartered fabless provider of analog and mixed-signal chips, has filed S1 forms to the U.S. Securities and Exchange Commission for its IPO on NASDAQ. The company plans to raise at most $114 million by offering 7.1 million shares at a price range of $12 to $14. Intel Capital, CEC Capital Management, […]
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.
2013-09-24
For more than three decades, Chinese demand has supported other Asian economies’ export-led growth. Now, with China facing a growth slowdown and significant downside risks, Asian countries must abandon their export-oriented development strategies in favor of more balanced growth models, underpinned by domestic demand.
2013-09-24
More headaches for UK pharmaceutical group as it faces threat of a substantial fine from allegations of bribery
2013-09-24
The author is China International Capital Corporation's research department The Fed refrained from dialing down the pace of its asset purchase (QE) program at its September meeting, surprising the market on the dovish side. This provides some breathing room for emerging markets in the near term, but we believe the benefits should be much smaller […]
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.
2013-09-24
Sony announced that its new-generation video game play station PS4 will be available in some Asian countries and regions in December 2013. Those countries and regions include Hong Kong, Taiwan, Singapore, Malaysia and South Korea. The launch date is reportedly one month later than PS4's debut in North America; however, two months earlier than its […]