It is premature to conclude that JPMorgan Chase violated US law by employing children of senior Chinese officials. Nonetheless, the case highlights a broader and more troubling trend: the wooing of China’s "princelings" by Western universities and businesses in order to advance their interests in the burgeoning Chinese market.
PSA Peugeot Citroën steps up its fundraising efforts as it adopts tough measures to address its heavy operating losses and rapid cash burn
Sun Xi writes: In September, the University of Hong Kong’s Public Opinion Program (POP) released the latest Public Sentiment Index (PSI).The index has a range between 0 and 200and now registers at the lowest at 66.7 since May 2003. In…
New Zealand-based Fonterra Co-operative Group has announced plans to build 30 pastures in China before 2020. Apart from the large-scale pasture investment, the company also plans to launch its own-brand infant formula in the country, instead of merely supplying raw materials to other milk powder makers. Qin Min, vice president for Fonterra Greater China, said […]
Taiwanese smartphone maker HTC published its latest performance report, stating that the company saw net losses in the third financial quarter of 2013. This is the company's first net loss since 2002. During the third financial quarter of 2013, HTC made net losses of NTD2.97 billion, which was about CNY630 million. By September 30, the […]
The author is ANZ (The Australia and New Zealand Banking Group) Research With Yuan convertibility, Shanghai will likely be an international financial center. Since the Yangtze River Delta contribute to a sizable 17.6% of China’s GDP, Shanghai may surpass Hong Kong and other offshore RMB centers in terms of prominence. But we think immediate threat […]
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The author is head of Greater China research at Standard Chartered, Stephen Green A potential breakthrough in land policy at the November Third Plenum has caused some excitement. Although officials at the Ministry of Land Resources have denied media reports that the ministry has issued the relevant policy documents to the localities, a breakthrough in […]
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.