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Indian bike taxi service Rapido raises $52 million

Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in th

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Once barren Lankao County in central China turns green

01:07 Lankao is a county along the Yellow River in central China's Henan Province. It used to suffer from barren lands caused by desertification and was known as one of

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Instruments of change

Xu Yachong plays the guqin in Xuchang village of Lankao county, Henan province.[Photo by Zhu Xingxin/China Daily] Trees ease desertification in Henan province, and have also helped locals tune

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Who are the 'weather vanes' of the CPC?

1-2-10 Who are the 'weather vanes' of the CPC.mp300:00Editor's note: This 100-episode podcast explains how China works. Exploring Xi Jinping Thought and how the Chinese

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Analysis: Will massive U.S. stimulus trigger inflation in China?

02:13 With the latest $1.9 trillion COVID-19 relief bill signed into law, the U.S. government spending has topped $5 trillion since the health crisis began last year. That was a quarte

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West's central bank balance sheets jump by 250% China's forex reserves

Central banks of major economies, such as the U.S., the EU and Japan, have begun expanding their balance sheets by buying assets to inject liquidity into the market. The unconventional monetary polic

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China's financial service industry pursues higher-level of opening-up

VCG While serving the domestic economy well, China's financial service industry will also constantly pursue a higher level of opening-up, the heads of China's major financial regulators said a

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3one4 Capital launches $100M fund to back early-stage startups in India

3one4 Capital, a venture capital firm in India, today announced a $100 million fund as the young investment firm looks to back more early-stage startups in the world’s second largest internet market.T

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Opera on grassroots official staged in Beijing

A newly created opera eulogizing a dedicated grassroots official was staged as the opening show at the Beijing Tianqiao Performing Arts Center on Wednesday following i

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Singapore’s micromobility startup Beam raises $26 million

Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New

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China says A-share market has gradually digested epidemic risk

VCG The impact of the epidemic on the A-share market has gradually been digested,said Li Chao, vice chairman of China Securities Regulatory Commission at a press conference on Sunday.Global st

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Vital measures taken to support Chinese market and fight COVID-19

03:19 The year 2020 came with the unexpected outbreak of the coronavirus, which disrupted daily life and business in China: production postponed, staff under quarantine for some time,

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China takes up challenge as COVID-19 weighs on economy

VCG In face of the stern challenges in posing by the COVID-19 to the economy, the Chinese government is taking measures to gradually revitalize the economy, according to a report by the Shangh

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China central bank pledges "dynamic adjustment" of RRR policies

China will implement the "dynamic adjustment" of targeted reserve requirement ratio (RRR) cut policies in the near future for better use of inclusive financing to shore

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Indian bike rental startup Bounce raises $105M

Bounce, a Bangalore-based startup that operates over 15,000 electric and gasoline docked bikes and scooters in nearly three dozen cities in India, said today it has raised $105 million in a new fundin