In this episode of China Money Podcast, guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with our host Nina Xiang. Dr. Faber shares his thoughts on why China's economic problems are solvable, explains the reasons behind his belief that China is likely to keep its currency stable, […]

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.

In this episode of China Money Podcast, guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with our host Nina Xiang. Dr. Faber shares his thoughts on why China's economic problems are solvable, explains the reasons behind his belief that China is likely to keep its currency stable, […]

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.

The earnings and profitability of some Chinese property developers could deteriorate further in 2015, and more defaults cannot be ruled out, says a report published by Standard & Poor's Ratings Services (S&P). The annual results for 2014 indicate that many developers are in significantly worse shape than in the previous year. Although most of these […]

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Customs officers seized 1.8 million illicit cigarettes from two containers at Tuen Mun River Trade Terminal Customs Cargo Examination Compound yesterday.

The haul was valued at $4.9 million with a duty potential of $3.5 million.

Officers inspected the containers, declared to contain electronic parts and LED lights, from an arriving river trade vessel.

The cigarettes were found mix-loaded with general goods.

Beijing-based Chinese private equity firm Hony Capital has offloaded 1.37 billion shares of Chinese generic drugs maker CSPC Pharmaceutical Group Limited at HK$7.15 per share, according to a securities filing. The selling price represents a 4.4% discount to the company's last closing price of HK$7.48 on Thursday. The transaction generated total proceeds of approximately HK$9.796 […]

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New York Stock Exchange-listed Chinese Craigslist-like platform 58.com Inc. has agreed to acquire approximately 43.2% fully diluted equity stake in unlisted rival Ganji.com for around US$1.6 billion, according to a company announcement. The deal includes approximately 34 million newly issued ordinary shares of 58.com and US$412.2 million in cash. The two companies will continue to […]

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.