Strategic studies of the cyber domain resemble nuclear strategy in the 1950s: analysts are still not clear about the meaning of offense, defense, deterrence, escalation, norms, and arms control. But international agreement on some issues may be within …
China's consumer price index (CPI) increased 1.5% year-on-year in April, roughly inline with market expectations, according to data released by China's National Bureau of Statistics. On a monthly basis, the CPI fell by 1.2%. Producer price index (PPI) continues to fall, declining by 4.6% year-on-year in April. "Both CPI and PPI inflation came in below […]
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Xi'an, Shaanxi province-based Simple Capsule Hotel has completed an undisclosed series A round of financing from Shanshan Venture Capital and Prosperity Investment Fund, according to Chinese media reports. The capsule hotel operator plans to use the proceeds on recruiting staff, expanding its online community, and opening more hotel locations. Founded in 2013, Simple Capsule Hotel […]
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Magento has partnered with Razorfish in Greater China to serve as a gateway for retailer growth in the Asia-Pacific market. As part of the new partnership, Magento will provide Razorfish in Greater China with market development tools and resources to build Magento Enterprise Edition storefronts for retailers seeking to swiftly capture consumer sales and capitalize […]
The same Communist party that took away their youth is allowing them to enjoy their dotage
Nanjing, Jiangsu province-based Chinese travel and tour service provider Tuniu Corporation says it has signed an agreement to raise US$500 million investment from a group of investors led by e-commerce company JD.com Inc., according to a company announcement. JD.com plans to invest US$350 million in the NASDAQ-listed company, including US$250 million in cash and US$100 […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
China-backed lender reflects Beijing’s growing political and economic influence in Asia
In terms of monetary easing, PBoC action barely moves the needle
Li promotes cross-Andes rail link as Beijing shifts exposure from left-leaning governments
Apple announced a new multi-year project with World Wildlife Fund to increase responsibly managed forests across China. The new forestland program aims to protect as much as 1 million acres of responsibly managed working forests which provide fiber for pulp, paper and wood products. Apple's goal is to achieve a net-zero impact on the world's […]
Consumer transaction technology manufacturer NCR appointed Li Zhiming as new retail business unit general manager for Greater China. In the new role, Li will lead the sales team to promote business growth. Li will be located in Hong Kong and report to Michael Cawley, NCR's retail business vice president and general manager for Asia Pacific. […]
Chinese classified information website 58.com announced that the company has acquired the well-known recruitment website ChinaHR.com. However, no financial details were immediately available. On the completion of the acquisition, ChinaHR.com will maintain its independent operation, brand, and team. As a result of the acquisition, Ireland's Saon Group, former parent company of ChinaHR.com, will withdraw itself […]
Chinese Internet video group Youku-Tudou announced that Wu Hui is the new senior vice president and chief financial officer. Wu has 16 years of financial management experience in international and Chinese enterprises. Prior to joining Youku-Tudou, Wu was vice president and CFO for China and Asia Pacific emerging market of Lenovo Group and managed a […]
Chinese Internet video company Letv.com formally launched its new domain for its online store: Lemall.com. Letv's new e-commerce platform reportedly integrates various company resources such as its backend platform, video content, and applications. In addition, the company said they will launch an e-commerce 3.0 platform and focus on an "ecological e-commerce" concept. Prior to this, […]