Notebook: In Shanghai’s endless traffic jams, there is time to dispense advice at the lights
2016-05-09
Over the past decade, Russian President Vladimir Putin’s regime has degraded the institutions that are essential to the functioning of a modern economy. And yet, even as crony capitalism cripples GDP growth and undermines real wages, Putin has given no sign that he intends to change course.
2016-05-09
PBoC staunches bleeding but capital flight could quickly re-emerge when Fed rate rises resume
2016-05-09
Astana looks to food production to shore up economy suffering from low oil prices
2016-05-09
In an "interview" published on China's official newspaper People's Daily, an authoritative person cautions that the country's economic outlook will be L-shaped, instead of a U-shaped or V-shaped recovery, sending the Shanghai composite index down 2.79% for the day. The so-called Quanwei Renshi (权威人士) comments that the L-shaped outlook will be a rather prolonged period, […]
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.
2016-05-09
Shanghai, China, May 9, 2016 /ChinaNewswire.com/ – The Westin Bund Center Shanghai, today announced that it has been selected as a premier partner of 2016 TEDxShanghai. For five days, the hotel will become home to over 30 speakers and performers from China and around Asia and the world. As home of TEDxShanghai 2016, the hotel … Continue reading "The Westin Bund Center Shanghai Announced As Premier Partner Of 2016 Tedxshanghai"
2016-05-09
Beijing had thought trade advantage would come automatically at end of this year
2016-05-09
HNA Group and China Construction Bank have agreed to jointly set up an industry fund to raise up to RMB20 billion (US$3.08 billion) as part of a deepening cooperation between the two companies, according to a company announcement. The parties did not specify where and how this industry fund will make investments. The fund will […]
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.
2016-05-09
Hna-Caissa Travel Group Co., Ltd. and Civil Aviation Development Fund have led a RMB933 million (US$144 million) series C round of financing in a flight tracking app start-up Hangban Guanjia, according to Tencent Technology. The company says it will use the proceeds to expand its businesses and to dismantle its variable interest entity (VIE) structure […]
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.
2016-05-09
Apple Inc. may have paid millions of U.S. dollars to China's Huawei for patent licensing last year, according to data released by China's State Intellectual Property Office and estimates made by Tencent Technology. The Chinese company licensed 769 patents to Apple while Apple's licensed patent to Huawai was 98 in 2015. The numbers were made […]
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.
2016-05-09
Venture-backed Le Vision Pictures, one of many affiliated companies of LeEco, is not going public and will be bought by its parent company instead. Shenzhen-listed Leshi Internet Information & Technology Corp. plans to acquire its film production and distribution unit Le Vision Pictures, Ltd. for RMB9.8 billion (US$1.51 billion) in a cash-and-stock deal, according to […]
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.
2016-05-09
Is it becoming more difficult to be a retailer in China? Aeon's latest financial report shows a profit drop attributed to higher costs in opening new stores. Japanese retailer Aeon announced its financial situation for…
2016-05-09
Following the strong growth in March which was distorted by a low base last year, exports rose 4.1% year-on-year and imports declined 5.7% in RMB terms in April, according to data from China's customs bureau. The headline growth rates look poorer than last month, but when looking at values of trade, it was not too […]
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.
2016-05-09
Dalian, China, May 9, 2016 /ChinaNewswire.com/ – Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet … Continue reading "Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com"
2016-05-09
DCM China co-founder Ruby Lu has joined H Capital, a China-focused venture capital firm founded by Tiger Global Management LLC's former China managing partner Chen Xiaohong, according to Lu's Wechat messages reported by Chinese media. Lu has raised over US$30 billion in financing for technology and telecom companies, according to her profile on DCM's website. […]
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.
2016-05-09
Chinese Internet company Tencent launched its smart bracelet product named Qkey with a feature that grants the user payment authentication …
2016-05-09
Los Angeles, USA, May 9, 2016 /ChinaNewswire.com/ – U.S.-based iGozen, maker of an organic cleaner that strips away harmful elements from fruits and vegetables, says a Beijing company is copying its images and products for profit in China. iGozen asserts that Beijing's Xin An Kang has produced a fruit and vegetable washer whose design and … Continue reading "iGozen's Organic Cleaning Products Are Being Imitated By Xin An Kang In China"