Can Crowdfunding Change China?

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Crowdfunding, which allows web users to contribute small sums of money to fund collective projects like concerts and films, is taking off in China — and just how far it will go is more than …

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A Wrinkle to Those Hot Chinese Tech IPOs

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Investors, ready your wallets. In the past week, Sina Weibo, China’s massive microblogging platform with 280 million users, and Alibaba, the operator of China’s largest online marketplace which generated $1.84 billion in revenue in the fourth quarter of 2013 alone, have …

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A Chinese ‘No Thanks’ for WhatsApp

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The tidal wave generated by the Feb. 19 news that Facebook paid a whopping $19 billion for the San Francisco-based mobile messaging app WhatsApp has reached the other side of the Pacific, but many Chinese social media users are …

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‘The Renminbi Is Failing the Chinese People’

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U.S. government officials have long complained that China’s currency, the renminbi (RMB), is undervalued. In April 2010, Rep. Daniel Lipinski (D-IL) accused China of keeping its money cheap in order to make exports attractive, and thus “steal …

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