Economists say policymakers will remain cautious about overly aggressive stimulus

Economists pick apart Hayman Capital’s $1tn ‘adjustment’ of China’s forex reserves

China's new RMB loans hit a much stronger-than-expected RMB2.51 trillion in January, compared to market expectations of RMB1.9 trillion, and also much higher than December's RMB600 billion. Household demand for bank loans was strong, especially for medium and long term loans, which accelerate further to RMB478 billion. Corporate demand was robust as well, with medium […]

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Alibaba Group Holding Ltd. bought 33 million shares of Groupon Inc., becoming the fourth-largest shareholder in the U.S. group buying site with a 5.6% stake, according to a disclosure document. Previously, the Chinese Internet giant acquired stakes in e-commerce start-up Jet.com Inc., augmented-reality provider Magic Leap Inc. and car-booking company Lyft Inc, all based in […]

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Beijing-based third-party payment firm Lakala, backed by Legend Holdings, is planning a float through a transaction with Shanghai-listed Tibet Tourism, according to a disclosure document (in Chinese). Tibet Tourism, a travel destination management company, announced plans earlier this month to acquire Lakala through issuance of new shares and cash payments in a deal valued at […]

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Apple Pay is to make an official debut in China at 5am this Thursday on February 18, becoming the fifth country for the mobile payment service of Apple Inc. to enter into, according to announcements posted by two Chinese banks in their official Wechat accounts. Apple Pay is entering into a market dominated by two […]

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Over 80% of chief executives among 134 venture-backed Chinese tech start-ups receive no salary or only get minimum living expenses, while senior online game developers make the most with medium annual total compensation of RMB670,087 (US$102,831), according to the results of a compensation study conducted by IDG Capital Partners. Vice president-level sales and marketing professionals […]

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Users of Astrill, one of the VPN services used in China, are seeing an odd message pop-up like this:

What does this mean? Is the company blaming or angry at its users for spreading it's software around the country?
Get more information about In…

Users of Astrill, one of the VPN services used in China, are seeing an odd message pop-up like this: What does this mean? Is the company blaming or angry at its users for spreading it’s software around the country?

Get more information about Internet security and privacy at VPN Instructions: VPN Instructions.

American apparel giant PVH Group recently announced plans to fully acquire Tommy Hilfiger's China business for USD172 million. This transaction is expected to close in the second quarter of 2016. Prior to this, PVH Group…

Shenzhen-listed Palm Landscape Architecture Co., Ltd. has teamed up with a private investment firm to establish a venture capital fund to invest in virtual reality (VR) start-ups, according to a disclosure document (in Chinese). The fund aims to raise RMB100 million (US$15 million) initially to invest in seed and early-stage venture rounds in Chinese start-ups […]

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Chinese Internet giant Tencent announced that the company has reached a deal with U.S.-based ESPN to become its exclusive sports …