Zhou Yongkang ‘s defence of ally Bo Xilai, who was jailed for corruption, has added to his own political demise while exposing political divisions and infighting
2013-10-11
Hong Kong-listed Chinese solar power station operator Goldpoly New Energy Holdings Limited says it issued convertible bonds due 2016 in an aggregated principal amount of $50 million. The purchasers include a subsidiary of China Orient Asset Management Corporation, a subsidiary of Fosun Group and three funds run by the U.S.-based asset management firm York Capital […]
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.
2013-10-11
ShopRunner, an American online shopping company and competitor to Amazon, has gained investments of USD206 million in the latest financing round, which is reportedly led by China's Alibaba Group. This represents a major U.S. move for the Chinese e-commerce group, who is considering an initial public offering in the country. Prior to this, Alibaba already […]
2013-10-11
Only a few developing countries, typically in East Asia, have been able to emulate the pattern of industrialization set by today's advanced economies. The general pattern in the developing world has been slow industrialization, followed by deindustrial…
2013-10-11
WSJ reports:
Nearly nine out of 10 Chinese children aged 5 and 6 can identify at least one cigarette brand, and roughly one out of five say they expect to smoke when they grow up.
Read more: http://blogs.wsj.com/chinarealtime/2013/10/10/marlboro-in-the…
2013-10-11
Mitsubishi Motors Corporation announced commencement of production and sales of the Pajero Sport midsize SUV at GAC Mitsubishi Motors Company Ltd., which produces and sells MMC cars in China. After its founding and start of operation in September 2012, GMMC commenced production of the ASX compact SUV. To meet highly growing demand for SUVs in […]
2013-10-11
The author is ANZ (The Australia and New Zealand Banking Group) Research The European Central Bank (ECB) and the People’s Bank of China (PBOC) have agreed to establish a bilateral currency swap arrangement to purchase and subsequently repurchase RMB and euro from each other. The swap agreement, which will be valid for three years, will […]
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.
2013-10-11
In this episode of China Money Podcast, our guest is Stephen Roach, current senior fellow at Yale University’s Jackson Institute of Global Affairs and former chairman of Morgan Stanley Asia and the firm's chief economist. He spoke with our host, Nina Xiang, on the Fed's tapering of its quantitative easing programs and its impact on […]
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.
2013-10-11
Lego Group announced during a press conference in Singapore that they plan to build a new toy factory in China's Jiangxi province. According to Lego, this new factory is expected to be completed in 2017 and it will create nearly 2,000 jobs in China and Southeast Asia. Basing on Lego's market survey, the company's sales […]