Call for world’s largest emitter of greenhouse gases to impose an absolute limit comes one day after the US reveals a similar plan
In this episode of China Money Network, guest Alexander Mearns, CEO of hedge fund research firm Eurekahedge, talked to our host Nina Xiang in Singapore. He discussed the performance of Greater China-focused hedge funds, why it is less correlated to the market than the global hedge fund sector, and his outlook for the Chinese hedge […]
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The 1989 protests that ended with violence began in China’s universities. Twenty-five years on, those same campuses look very different
The author is Nomura economist Zhang Zhiwei We raise our GDP forecast for the second quarter to 7.4% from 7.1%, and for the full year 2014 to 7.5% from 7.4%. Our second half GDP forecast differs from the consensus view of a growth slowdown to 7.3% in the third quarter and 7.25% in the fourth […]
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Chinese personalized news app Toutiao says that it has raised US$100 million in series C financing led by Sequoia Capital, according to media reports. Sina's Weibo also participated in the round, which valued the company at US$500 million. The proceeds will be used on further developing intelligent learning technologies, and for product improvement. Toutiao, which […]
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Protests in Beijing almost toppled the Chinese Communist Party in 1989. On the 25th anniversary of the Tiananmen Square massacre, two questions stand out: How has the CCP survived the last quarter-century, and can it endure for another 25 years?
Ukraine's presidential election has been hailed as the end of the beginning of Ukraine’s political transition, while the European Parliament election has been lamented as the beginning of the end of European integration. While both Ukraine and the EU face serious threats, only one of the electorates is acting accordingly.
The collapse of yet another attempt by the US to broker an Israeli-Palestinian peace agreement should do more than provoke finger-pointing. It should spur a fundamental reconsideration of a paradigm of peacemaking – direct bilateral negotiations, under US guidance – that lost its relevance long ago.
Complacency about anti-EU parties' strong showing in the recent European Parliament election, on the grounds that there remains a pro-European majority, is dangerous. The balance between the EU and its member states must be re-addressed, with instituti…
Global private equity firm The Blackstone Group has raised over US$3.53 billion for its first Asia real estate fund, according to a securities filing submitted to the U.S. Securities and Exchange Commission on May 30. The fund, named Blackstone Real Estate Partners Asia L.P., was launched in April 2013. With just over a year on […]
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China-focused distressed debt and special situations firm Shoreline Capital Management has held a first closing of US$150 million for its third fund, according to information posted on the investment firm's website. Shoreline China Value III L.P. is targeting to raise a total of US$500 million. The fund is expected to complete a second closing in […]
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China-focused venture capital firm IDG Capital Partners is targeting US$550 million for its latest fund, according to media reports. IDG Capital, with offices in Beijing, Shanghai, Guangzhou, Shenzhen and Hong Kong, did not respond to request for confirmation of the news. Backed by the International Data Group (IDG) and Accel Partners, IDG Capital has over […]
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Nawaz Sharif, prime minister of Pakistan, recently issued 3G and 4G licenses to CMPak, China Mobile's subsidiary in Pakistan, in Islamabad. Sharif said during the issuance meeting that Pakistan currently has over 132 million mobile users and they will soon be able to experience the most advanced mobile communications technologies. He said that the issuance […]