President Xi Jinping has inaugurated an era of Chinese abstemiousness, and civil servants have been ordered to stop accepting ‘gifts’
2014-01-21
The Arab uprisings of the past three years can be viewed as a youth-led rebellion against not only entrenched elites, but also against a social and political narrative that is no longer viable. Indeed, there can be no restoration of faith in the old ce…
2014-01-21
While the prospect of faster global GDP growth in 2014 is good news, it is too early to celebrate. Indeed, there is a risk that, by tempting policymakers into complacency, this year’s economic upturn could even end up being counterproductive.
2014-01-21
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013. At the same time, Yu announced the company's five major strategies for 2014, which are category expansion, mobile business acceleration, regional expansion, business model innovation, and big data application implementations. Yu revealed that by the end […]
2014-01-21
China-based Sino Legend Chemical Company Ltd. says it is still reviewing and trying to make sense of last week's U.S. International Trade Commission ruling on the company's product imports to the United States. The ITC reportedly issued a substantial modification to its initial determination in the Sino Legend and SI Group Inc. intellectual property case. […]
2014-01-21
China's GDP growth moderated to 7.7% year-on-year in the fourth quarter of 2013, slightly higher than market expectations of 7.6%. The full-year GDP growth last year stood at 7.7%, according to data released by China's National Bureau of Statistics. The fourth quarter's 7.7% growth rate is slightly down from the 7.8% recorded during the third […]
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.
2014-01-21
Chinese outbound tourists will reach 200 million by 2020, double the number of those who visited other countries in 2013. Chinese tourist spending will also triple during the same time period, according to estimates released by Asian brokerage firm CLSA. The rapid expansion of Chinese outbound tourists is driven by increasing income, more annual leave, […]
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.
2014-01-21
Beijing-based mobile game developer LineKong has raised $80 million in series C funding, according to Chinese media reports. Investors include Orchid Asia, SAIF Partners, Starwish Global and Profitable Century International. LineKong previously received $10 million series A funding from IDG Capital Partners in 2007, and $25 million series B funding from NEA (New Enterprise Associates) […]
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.
2014-01-21
Washington, D.C.-based global private equity firm The Carlyle Group has realized partial exits by selling its shareholdings in Hong Kong-listed Chinese home appliance maker Haier Electronics Group, according to a securities filling with the Hong Kong Stock Exchange. Carlyle sold 100 million shares at HK$22.1 ($2.85) per share for a total price of around $285 […]
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.
2014-01-21
NetQin Mobile, a Chinese mobile Internet services provider, announced that the company has reached an agreement with American telecom carrier Sprint to launch Sprint Live, the new-generation Sprint ID service based on NetQin's NQ Live, on Sprint's new Android devices. NQ Live is one of NetQin's newly launched business lines after its business upgrade in […]
2014-01-21
Fujian province-based Chinese diaper maker AAB Group is planning an IPO in Hong Kong to raise as much as $300 million, according to media reports. The firm is expected to benefit from a new policy that allows Chinese parents to have a second child if one of the parent is a single child. AAB plans […]
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.