If the PBOC has decided to take its foot off the monetary brakes for the time being, it would make sense to allow the renminbi to fall
2014-02-25
Sina's financial report for the fourth quarter and the entire year of 2013 stated that its Weibo microblogging service realized a first-time operating profit of USD3 million in the fourth quarter of 2013. Sina Weibo also reportedly plans to launch IPO at the New York Stock Exchange in the second quarter of 2014. According to […]
2014-02-25
The country representative of the World Health Organisation says the air quality in the Chinese capital has reached a ‘crisis’ point
2014-02-25
The alternative to the negotiations in Vienna is a further nuclear buildup by Iran, additional international sanctions and, eventually, another Middle East war. So, can a comprehensive agreement that respects Iran’s right to civilian nuclear energy, while allaying the international community’s fears of weaponization, be achieved?
2014-02-25
China’s Twitter-like microblog sees slowest increase in user numbers in its history, sending management racing to find ways for it to maintain relevance
2014-02-25
The author is chief China economist at Capital Economics Mark Williams The recent abrupt fall in the RMB is best seen as a salvo in a battle between policymakers who believe that China’s currency is close to its fair value and market participants who don't. Fundamentals support those who expect further appreciation over the medium […]
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.
2014-02-25
Wal-Mart expressed intentions to implement operational restructurings for its Sam's Club business in China with a series of measures, including selling stores to Chinese operators. Greg Foran, Wal-Mart's senior vice president for international business, told local media that the company has 550 Sam's Club stores in America, where the population is only 300 million. However, […]
2014-02-25
Asian private equity firm Olympus Capital is to receive $25 million commitment from the International Finance Corporation (IFC), the investment arm of the World Bank, according to a disclosure document on the IFC's website. The commitment is going to Olympus Capital's Asia Environmental Partners II, L.P., which is targeting to raise $300 million to invest […]
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.
2014-02-25
Virtualization and cloud computing infrastructure provider VMware announced the appointment of Ren Daoyuan as general manager of the VMware China research and development center. In this new role, Ren will lead a research and development team of over 500 people, who work in Beijing and Shanghai. Meanwhile, he will be responsible for the strategic planning […]
2014-02-25
Silicon Valley- and Shanghai-based venture capital firm GGV Capital is planning to raise $500 million for its fifth fund, according to media reports. The latest fund is expected to reach a closing during the first half of this year, and will continue to focus on investing in companies in the U.S. and China. GGV Capital's […]
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.