World Bank says Beijing would save $1.4tn on infrastructure if it introduced market reforms to decrease urban sprawl and abolished its hukou system
2014-03-25
Beijing-based Android mobile app distribution platform Wandoujia has received an additional series B funding from Goldman Sachs, according to Chinese media reports. The investment size is not disclosed, but this represents Goldman's first investment in a Chinese mobile Internet company. The company says it will use the proceeds to develop its mobile content search engine. […]
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.
2014-03-25
Beijing-based Meiaoju.com, an online platform for Chinese buyers finding overseas property, has received RMB50 million ($8 million) in series A funding, according to Chinese media reports. DCM led the round. Existing investors Zhen Fund and TXD Ventures also participated. Meiaoju, which means “America Australia homes” in Chinese, previously received several millions RMB in seed funding […]
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.
2014-03-25
Whenever Saudi Arabia has felt an existential threat – and it regards Iran’s regional ambitions as such a threat – it has relied on an external power to protect it. And, given mounting distrust of the US, the Kingdom's rulers have little choice but to turn for protection to a country that is in no position to provide it.
2014-03-25
The flash Markit/HSBC Purchasing Managers' Index (PMI) fell to 48.1 in March, compared with a final reading of 48.5 in February. This is an eight-month low for the measure. The number also came in lower than market expectation of 48.7. A number below 50 signals contraction. January was the first time the measure dropped below […]
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.
2014-03-25
The move marks the first time that China’s powerful state planning agency has issued a country-specific guide for Chinese investors
2014-03-25
The author is ANZ greater China chief economist Liu Li-Gang China’s Internet financial products have developed rapidly in the last couple of years, propelled by the rapid developments in e-commerce and interest rate liberalization. Concerns are also rising that these potentially risky Internet financial products are not regulated and could drive up the costs of […]
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.
2014-03-25
After the lift of a suspension in China's IPO market, Chinese companies rushed to raise capital during the first quarter this year. China-domiciled companies raised $7.2 billion through IPOs during the first three months this year, up 827.3% compared with the same period last year, according to preliminary results from Thomson Reuters. The IPO deal […]
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.
2014-03-25
The author is Michael Werner, senior research analyst covering the Chinese and Hong Kong banks at Sanford Bernstein & Co. Recent Spikes in SHIBOR (Shanghai Interbank Offered Rate) Rates have raised awareness regarding liquidity risk in China. While we still believe credit risk is the main threat to the Chinese banks, their liquidity risk is […]
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.
2014-03-25
Chinese hotpot restaurant chain Little Sheep launched its first remodeled restaurant since its acquisition by U.S.-based Yum. The restaurant is located in Dongguan, Guangdong province. After acquiring Little Sheep, Yum announced a related integration planning. Little Sheep's other sites around China are also undergoing renovation planning and implementation based on the store age and rental […]
2014-03-25
Blackrock’s Andy Warwick says investors should check bank exposure
2014-03-25
Blackrock’s Andy Warwick says investors should check bank exposure
2014-03-25
Whole parts of the economy remain protected and as a result Beijing forestalls entrepreneurship and innovation, and limits job creation
2014-03-25
Hong Kong-listed Forgame Holdings Limited announced that the company will invest USD70 million to acquire a 21% stake in Magic Feature, developer of the mobile game "Tower of Saviors". According to a report published by the company, the deal will also include USD20 million escrow monies that would be released to the sellers pursuant to […]