China's GDP expanded 7.8% in the third quarter of this year, according to China's National Bureau of Statistics. Third quarter GDP went up 2.2% on a quarter-on-quarter basis. The Chinese economy grew 7.7% for the first quarter and 7.5% for the second quarter. Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet […]

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.

Fosun International Ltd. says the company has signed an agreement to purchase an office building located in Manhattan, New York for $725 million. The property, called One Chase Manhattan Plaza, is a 60-story, 2.2 million square foot grade-A office building with 5 lower levels on a 2.5 acre plaza. Previously, it was the world headquarters […]

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.

Shanghai-based Chinese real estate developer CIFI Holdings (Group) Co. Ltd. says RRJ Capital has agreed to invest $50 million in the company. RRJ Capital will buy 257 million newly issued shares of Hong Kong-listed CIFI Holdings at HK$1.52 apiece, representing a 4.1% premium to the October 16 closing price. After the transaction, RRJ Capital will […]

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.

Financial advisory and investment banking firm Duff & Phelps says the company has appointed David Lu as its head of investment banking in China. Lu will report directly to Robert Bartell, Duff & Phelps’ global investment banking head, and will work closely with the firm’s China business head, Sammy Lai, to set overall strategic direction […]

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.

Beijing-based technology outsourcing company Pactera Technology International Ltd says the company has agreed to be taken private by a consortium led by The Blackstone Group at approximately $625 million. The offer price is $7.30 per American depositary share (ADS), an 11.6% premium to the stock's $6.54 closing price on Wednesday. The deal has won Pactera's […]

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.