China consumer price index (CPI) increased 1.4% year-on-year in November, a five-year low and down by 0.2 percentage points from the previous month, according to data released by China's National Bureau of Statistics. Producer price index (PPI) declined 2.7% year-on-year in October, compared with October's 2.2% drop. The gauge has remained in negative territories for […]

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.

International negotiations to curb Iran's nuclear ambitions have been extended, and it would be easy to conclude that no final agreement will be reached. Yet the two main governments involved, Iran and the US, lately have seemed committed – if not desperate – to bring the talks to a successful conclusion.

Former economic planner Liu one of first ministerial-level officials snared in anti-corruption drive

Shares in China nuclear group jump 20% during initial trading in HK

Mandarin Capital Partners, a private equity firm focused on China-Europe cross-border deals, has sold its 40% stake in Dagong Europe Credit Rating srl back to its parent company, Beijing-based Dagong Global Credit Ratings Co., Ltd., according to a company announcement. Deal terms were not disclosed. After the sale, Dagong Global will own 100% of Dagong […]

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.

Figures reflect slowing growth and falling oil prices prices

Shenzhen-listed television and film production firm Beijing Enlight Media Co., Ltd. plans to establish a venture investment fund with a target of RMB1 billion (US$160 million), to invest in the Internet, media and entertainment, e-commerce and healthcare sectors in China, according to a regulatory filing. Enlight Media will commit RMB200 million to the fund as […]

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.

Guangzhou Etrans Transportation Information Co., Ltd., backed by Sequoia Capital, is to be acquired by Shenzhen-listd Jiangsu Xinning Modern Logistics Co., Ltd., affording Sequoia a profitable exit via a trade sale, according to a regulatory filing. Xinning Modern Logistics is to issue new shares for the 100% acquisition of the Guangzhou-based GPS mapping firm Etrans […]

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.

Beijing-based P2P (peer to peer) private vehicle rental platform BaoJia has completed US$30 million series A financing led by Ping An Insurance Company of China, Ltd. and Qiming Venture Partners, according to Chinese media reports. Existing investor Chinese Craigslist-like platform 58.com Inc. also participated. Founded in March 2014, BaoJia received US$5 million angel investment in […]

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.

With the latest weak November inflation data out, it becomes clearer that China has entered into a rapid dis-inflation process, and the government is more likely to cut banks' reserve requirement ratio (RRR) in order to stabilize the economy, says a research report by The Australia and New Zealand Banking Group Limited (ANZ). China's consumer […]

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.

Questions remain over the global economic impact of Beijing’s efforts to reduce its financial reliance on the US

If China’s punters prove as anxious as they were complacent, tough times await in Shanghai

Beijing-based taxi-hailing mobile app maker Didi Dache has completed US$700 million series D financing led by Temasek Holdings, DST Global and existing investor Tencent Holdings Limited, according to Chinese media reports. The massive financing round was reported earlier this year without specifying the investors. Launched in September 2012, Didi Dache received US$3 million series A […]

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.

Chinese smartphone maker Xiaomi Inc., backed by investors including Temasek Holdings and Qiming Venture Partners, has launched its own smart air purifier product to meet increasing consumer demand as the country's pollution problems persist, says Xiaomi's founder Lei Jun in his Weibo account. Consumers can now make reservations to purchase the new product, which can […]

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.