Policy shift opens door for Visa, MasterCard
2014-10-30
While business no longer knows any borders, taxation has remained stuck in the era of the nation-state. The resulting tensions between fiscal sovereignty and globalization can be resolved only through international standards and regulation.
2014-10-30
China's State Council announced new policies to support consumption and residential property demand. These measures are in line with the expectation that Beijing will roll out more targeted easing measures in the coming weeks to bolster the launch of the Shanghai Hong Kong Stock Connect and the APEC conference in November, says a research report […]
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2014-10-30
The 2.2% appreciation in the RMB since May suggests that capital inflows into China remain strong, and the authorities will likely use administrative measures to clamp down on any speculative behavior in the future, says a research report issued by the Australia and New Zealand Banking Group Limited (ANZ). When China’s forex reserves data for […]
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2014-10-30
China Everbright Limited (CEL), the Hong Kong-listed financial services arm of China Everbright Group, says it has established a RMB7.5 billion (US$1.23 billion) investment fund to back one major property project in suburban Beijing, according to a company announcement. The fund is initiated by Everbright Ashmore, a subsidiary of CEL that focuses on private equity […]
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.
2014-10-30
China Everbright Limited (CEL), the Hong Kong-listed financial services arm of China Everbright Group, says it has established a RMB7.5 billion (US$1.23 billion) investment fund to back one major property project in suburban Beijing, according to a company announcement. The fund is initiated by Everbright Ashmore, a subsidiary of CEL that focuses on private equity […]
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.
2014-10-30
Credit impact boosts property bonds as developers seek out funding alternatives
2014-10-30
China ranks as the largest manufacturer of wind and solar equipment in the world, and is also the largest demand market for the two industries, according to a research report jointly released by U.K.'s the Department for International Development, the Inter-American Development Bank Group and the Bloomberg New Energy Finance. China has invested US$54.5 billion […]
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.
2014-10-30
Following the Fourth Plenum, the Communist Party of China leased a document on the rule of law, which sets out a comprehensive blueprint to uphold the authority of China's Constitution and laws. The challenge of fully implementing the reforms, however, is enormous. It could be harder than many economic reforms, says a research report by […]
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2014-10-30
Asian investors are on track to spend more on U.S. multifamily assets in 2014 than at any other point in history, according to the latest research from global property consultancy CBRE. U.S. multifamily has seen a significant increase in investment volumes by Asian buyers so far in 2014, with US$522 million of transactions completed from […]
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2014-10-30
Shanghai Mitsubishi Elevator Company Ltd. hit a new milestone earlier this month by surpassing cumulative production of 500,000 units. Mitsubishi Electric Corporation's SMEC is an elevator and escalator joint venture company with Shanghai Electric Group Company Limited in Shanghai. China is the world's largest elevator and escalator market with, annual sales of more than 500,000 […]
2014-10-30
Chinese telecom operator China Unicom announced its financial report for the first three quarters of 2014, stating that by September 30 its operating revenue reached CNY215.34 billion, a year-on-year increase of 5.3%; while its net profit reached CNY10.56 billion, a year-on-year increase of 36.1%. For the mobile sector, China Unicom's revenue during the reporting period […]
2014-10-30
U.S.-based Bigcommerce announced a new partnership with Alibaba.com to provide merchants with greater global access to products and services. As part of the partnership, Alibaba.com, will integrate its buyer and supplier network with Bigcommerce's e-commerce platform. With the new deal, Bigcommerce merchants can source products directly from manufacturers around the world. They will have the […]