Next month's meeting of world leaders at the United Nations' headquarters in New York will mark the organization's 70th anniversary. But, though the UN remains the best bargain on the planet, it must be upgraded in three key ways if it is to continue t…
2015-08-21
Is China best understood as a strong country, with a promising future despite some short-term difficulties, or as a country facing serious structural problems and uncertain long-term prospects? Until recently, that question seemed out of place; now it …
2015-08-21
Theodore Shou, chief investment officer at South Africa-based fund of hedge fund manager Skybound Capital, tells China Money Podcast host Nina Xiang that China-focused hedge funds will continue to outperform despite the recent market gyrations and the slowing economy. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment […]
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.
2015-08-21
The flash Caixin/Markit China Manufacturing Purchasing Managers' Index (PMI) declined further to 47.1 in August, the lowest reading since the Global Financial Crisis and a sixth straight month below 50, the level separating contraction from expansion. The number came against market expectation of a modest improvement for the month, with Bloomberg consensus projection of 48.2. […]
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.
2015-08-21
Theodore Shou, chief investment officer at South Africa-based fund of hedge fund manager Skybound Capital, tells China Money Podcast host Nina Xiang that some Chinese macro strategy hedge funds suffered losses after the Chinese People's Bank of China devalued the RMB last week as they made big currency bets. Visit ChinaMoneyNetwork.com for more daily finance […]
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.
2015-08-21
Hospitality exchange service Airbnb announced this week a deal with China Broadband Capital and Sequoia China to elevate the American Internet company's brand to Chinese travelers. The West is rightfully infatuated with Airbnb. The service allows travelers a cheaper and wider array of accommodations around the globe, and it provides income to home owners who […]
2015-08-21
Currencies of commodity producers hit as impact of slowdown ripples through emerging markets
2015-08-21
Shanghai-based 59Store, an O2O (online-to-offline) platform focused on serving university students in China, has completed RMB200 million (US$31 million) pre-B funding round led by Shenzhen Capital Group, according to Chinese media reports. Legend Capital and other unnamed investors also participated. Founded in 2011, 59Store completed RMB30 million series A round from Legend Capital and Shenzhen […]
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.
2015-08-21
Cyber attacks aim to uncover strategic and commercially sensitive material, says US security group
2015-08-21
Alibaba Group Holdings Limited has acquired an online translation services provider 365Fanyi, which is backed by Zhen Fund and China Broadband Capital (CBC), according to the company's website indicating its ownership by Alibaba. The acquisition of 365Fanyi, which has 500 specialized translators and interpreters, will help Alibaba as the Internet giant focuses on international expansion […]
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.
2015-08-21
Beijing-based Jixiang Technology, an O2O (online-to-offline) e-commerce platform established at the beginning of this year, has completed series A round of financing from Orchid Asia Group Management Ltd., according to Chinese media reports. Financial details are not disclosed, but the round reportedly amounts to RMB100 million (US$16 million). Jixiang Technology currently has no website nor […]
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.