Beijing-based Chinese venture capital investment firm Legend Capital has launched fundraising for its sixth venture fund, LC Fund VI, LP., according to media reports. The fund, which will be a USD fund, did not disclose its targeted fundraising size. Legend Capital is the venture capital arm of Chinese conglomerate Legend Holdings, Ltd. It now manages […]

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Beijing’s local government is trying limit new year fireworks if they prove to contribute to severe smog that has been tarnishing the city’s image

Policymakers worldwide continue to focus on short-term demand management in the hope of resurrecting pre-2008 growth rates. But supply-side factors indicate that demand stimulus cannot be sustained over the longer term – or even serve as an effective short-term policy.

This year marks the centennial of the outbreak of World War I, which is reason enough to reflect on what this seminal European catastrophe teaches us today. Indeed, the Great War’s consequences for international relations and the global system of states continue to be felt.

During the Cold War, the certainty of “mutually assured destruction” steered the nuclear arms race away from catastrophe: a would-be attacker would face immediate retaliation, inevitably ending in both sides’ annihilation. Today, a very different race – a resource race – is undermining stability in key regions of the world.

Hundreds of millions head home for the lunar new year but ever more are staying in the cities rather than returning to families for the holiday

In the face of massive competition from state-owned businesses, stalwarts like Youku Tudou, and mobile-only start-ups, Chinese Internet video website Letv.com says it's profits are bursting. Letv.com published its unaudited annual performance pre-announcement for 2013, stating that the company expects to see net profit between CNY250 million and CNY270 million, a year-on-year increase of 30% […]

Nanjing-based Chinese home appliance retailer Suning Commerce Group Co. says it has acquired Chinese group-buying site ManZuo.com for around $10 million, according to media reports. ManZuo, which means "all seats are full" in Chinese, received $10 million in series A funding from Kleiner Perkins Caufield & Byers (KPCB) in 2010. It then raised $50 million […]

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.

New guidelines for schools require three groups of disputed islands to be described in lessons as integral parts of Japan’s territory