Retail sales, often a volatile measure, grew 12.5% year-on-year from January to May, beating expectations and up from 11.9% in year to April
2014-06-13
China's better economic data and international diplomacy are behind the Chinese central bank's move to lower its currency's exchange rate fixings, says BofA Merrill Lynch Global Research in a report. The People's Bank of China lowered its U.S. dollar to RMB fixing by 257 pips (one pip is equal to 1/100th of 1%) over June […]
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.
2014-06-13
The author is Nina Xiang, editor of China Money Network An ancient Chinese sage claims: One will start thinking about changes when one is in extreme difficulty. It still holds true for today’s Chinese private equity players. “We are exploring various kind of buyout potentials in China, as a result of reduced opportunities in 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.
2014-06-13
New RMB loan surprisingly reached RMB 870.8 billion in May, 201.4 billion higher than a year before, according to data released by the People's Bank of China. The figure beats the market consensus of RMB750.0 billion. The total social financing fell to RMB1.40 trillion in May from RMB1.55 trillion in April, in line with market […]
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.
2014-06-13
MediaTek and Acer will cooperate in the Internet of Things sector to promote cloud applications, wearable devices, and the Internet of Things technologies. The news was announced during Computex Taipei 2014. The cooperation between MediaTek and Acer will focus on open platforms and it will be based on the Acer Open Platform. Stan Shih, chairman […]
2014-06-13
The break with protocol signals how much importance the UK is giving to the bilateral relationship, which it sees as key to helping boost British exports
2014-06-13
In this episode of China Money Podcast, returning guest John Wong, director of Asian equities and portfolio manager at Chicago-based Oberweis Asset Management, talked to our host Nina Xiang. He discussed what he thinks is the best way to invest in overseas-listed Chinese companies; why almost all of his portfolios are companies that have gone […]
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.