The global commodity slump and China’s economic slowdown have pummeled several African economies, making clear that the continent’s “rise” was a myth. Now is the time to re-examine the basis of Africa’s recent “boom” and move from feel-good rhetoric to action that will drive genuine economic transformation.
2016-02-19
Disclosure change will fuel suspicion of official data and concern over capital flight
2016-02-19
Latest skirmish comes amid campaign placing Xi at ‘core’ of party
2016-02-19
PMs Turnbull and Key call for restraint and use of legal channels
2016-02-19
Chinese agriculture firm New Hope Group Co., Ltd. plans to invest RMB8.8 billion (US$1.35 billion) into pig farming in the next three to five years, potentially transforming the Sichuan province-based company to the largest hog production company in China. In a disclosure document (in Chinese), Shenzhen-listed New Hope says the investment plan is part of […]
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.
2016-02-19
Apply Pay attracted over 30 million bank cards during the first day after it was officially launched in China at 5am on Thursday, according to Chinese official news site People.com.cn. The performance is much stranger than expected, as many users rushed to add their bank cards to Apply Pay on their mobile devices. But the […]
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.
2016-02-19
A two-months-old online part-time employment start-up has raised RMB100 million (US$15 million) led by Zeqing Capital, with participation from Chinese meat supplier Yurun Group Ltd. and others, according to Chinese media reports. 100Kuai, founded in December 2015 in Nanjing, targets university students who want to take part-time jobs. The start-up has attracted students from 52 […]
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.
2016-02-19
Zhong An Online P&C Insurance Co., China’s first online-only insurer with backings of private equity investors, is planning a domestic initial public offering this year that could raise up to US$2 billion, according to the Wall Street Journal citing people familiar with the matter. Zhong An has sent out an invitation to banks this week […]
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.
2016-02-19
Chinese smartphone maker Xiaomi Inc. is adding an important gadget, the Mi Drone, to its already impressive product line of smartphones, wearables and smart home devices, according to Chinese media reports. The Mi Drone is reportedly going to be priced at RMB999 (US$153), continuing Xiaomi's strategy of providing quality products at low prices. The Mi […]
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.