Negotiators have now reached a settlement in the EU's anti-dumping dispute with China. The solution, under which China will ensure a minimum price for the solar panels that it exports to Europe, is much less severe than EU import tariffs would have been; nonetheless, it is a bad outcome for consumers – and for the environment.
2013-08-01
Tokyo-based Japanese outsourcing firm TransCosmos inc. has acquired 20% of Shanghai-based Chinese eCommerce logistics outsourcing company FineEx, according to a company announcement. TransCosmos bought the stake through third-party allotment. As part of the deal, the two companies have agreed to form a business and financial partnership. The valuation of the acquisition is not disclosed. Shanghai […]
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.
2013-08-01
The author is Standard & Poors analyst Bei Fu Key points: – Developers are cash-rich thanks to strong sales in the first six months of the year – Aggressive land purchase activities may drain cash and make acquisition-hungry developers vulnerable in a sudden market downturn; but risk appetites appear reasonable – Onshore lenders will continue […]
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.
2013-08-01
China's National Bureau of Statistics announced that official Purchasing Managers Index (PMI) rebounded in July to 50.3, from 50.1 in June. It contrasts with a final reading of the HSBC PMI in July. That measure fell to 47.7 from June's 48.2. The majority of the sub-indices of the official PMI showed signs of cyclical upward […]
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.
2013-08-01
Confrontations between street vendors and ‘chengguan’ police are rising as the economy forces more migrant workers to become street hawkers
2013-08-01
Chinese venture fundraising sunk to just $73 million across two funds during the second quarter, a decline of 71% in the number of funds and less than a tenth of the amount raised during the first quarter, according to a report by Dow Jones. When compared with a relatively weak second quarter last year, the […]
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.
2013-08-01
Official figures show China’s manufacturing grew slightly, while a separate HSBC PMI survey points to a sharp contraction in activity
2013-08-01
Caixin reports: One of the most affluent cities in the country has published figures that indicate it is on the verge of falling short of meeting scheduled debt repayment. This comes amid mounting concern that local governments may have trouble…
2013-08-01
Shanda Games Limited has signed a final agreement with its parent company Shanda Interactive Entertainment Limited to acquire two subsidiaries from the latter. The two subsidiaries involved are Shanghai Shengzhan Networking Technology Company Limited and Tianjin Shengjing Trade Company Limited, for which Shanda Games will pay USD811.5 million. Both of the companies are physical companies […]