Chinese police say former GSK China head ordered staff to bribe doctors and officials, deriving ‘illegal revenue worth billions of renminbi’

Washington’s call is part of strategic manoeuvring between the US and China over what role Beijing ought to play in global trade negotiations

The news of the People's Bank of China (PBoC) urging commercial banks to prioritize home mortgages will not change the medium term downward trend in the Chinese property market, says a report by Bank of America Merrill Lynch Global Research. On May 12, the Chinese central bank summoned the heads of the 15 largest commercial […]

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GSK case is part of wider probe into pricing by foreign multinationals amid allegations that prices for Chinese consumers are too high

Shanghai-listed Chinese commercial property firm Hainan Zhenghe Industrial Group Co. Ltd. has agreed to commit US$130 million to U.S. energy private equity firm First Reserve's latest fund, according to a regulatory filing submitted by Hainan Zhenghe. The commitment is for First Reserve Fund XIII, which is currently on the road to raise a total 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.

Property sector under increasing scrutiny from both investors and economists, with data pointing to a sharp deterioration in the housing market

The Philippines has accused China of reclaiming land on a disputed reef in the Spratly Islands in breach of a regional code of conduct

Facebook reportedly plans to establish a sales office in China to serve local advertisers in the country. Vaughan Smith, Facebook's enterprise development vice president, said in a statement that Chinese companies have gradually become a major advertiser group for Facebook. Therefore, the company continues to explore new methods to support local services in China and […]

Chinese search engine company Baidu and South Korea entertainment giant S.M.Entertainment signed a strategic cooperation agreement covering music and video copyrights. With the cooperation, Baidu's music division will license the music copyrights of stars from S.M.Entertainment; Baidu's video branch Iqiyi will gain the genuine music videos and performance videos of S.M.Entertainment; and S.M.Entertainment's artists will […]

Businesses had expressed hopes that the FTZ would herald an economic opening in China, but what makes the zone unique is still far from obvious

Scott Price, current president and chief executive officer of Wal-Mart Asia, will be transferred to Wal-Mart's global headquarters in Bentonville, Arkansas, to be executive vice president and senior management executive, leading international strategy and development, real estate, merger and acquisition, and integration and procurement resource sharing. Greg Foran, current president and chief executive officer of […]