The West's policy toward Russia – personal sanctions, an embargo on weapons exports, and the temporary suspension of Russia's G-8 membership – is proving to be far from adequate to stop the country's aggression in Ukraine. But there is a simple solution: an EU embargo on the import of Russian oil and gas.
The author is Fitch Ratings Inc. The decline in Hong Kong retail sales in March 2014 and lower tourist arrivals from mainland China during the May Golden Week holiday are clear signals that retail property rents in Hong Kong, especially those at the prime street level, face mounting downward pressure. Hong Kong retail sales fell […]
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Hong Kong-based private equity firm RRJ Capital has invested around US$50 million for an undisclosed significant minority stake of Chinese credit card maker Jing King Technology Holdings Ltd., according to media reports. The investment is not disclosed, and cannot been verified. The company's chairman and CEO Lennon Tan will continue to hold a controlling stake […]
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The author is Nomura economist Zhang Zhiwei The People's Bank of China (PBoC) issued its first quarter monetary policy report. The PBoC reiterated its "prudent" policy stance. This suggests it does not intend to loosen policy significantly. In the report is a box on China's potential growth which includes a subtle message that potential growth […]
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Hong Kong-headquartered real estate private equity firm Gaw Capital Partners says that it has invested in a Korean property project in the capital city of Seoul, according to a company announcement. Financial details of the investment are not disclosed. But the investment is from Gaw Capital Gateway Fund IV. The property is the residential and […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Chinese Android app store Wandoujia has reached a deal with Japan's top messaging app Line for Wandoujia to run Line's business and marketing in mainland China. Under the deal, Wandoujia will reportedly provide technical support for Line's operation in mainland China. They will also jointly enhance Line's localized content resource and operation, integrate brand marketing […]
There is nothing more trendy among China’s middle class these days than proclaiming oneself a Buddhist