Parents are starting to give their children a break on the basis that a stress-free summer holiday will boost educational achievement
2014-07-08
Parents are starting to give their children a break on the basis that a stress-free summer holiday will boost educational achievement
2014-07-08
Massage parlours and sauna houses will have to install CCTV and windows, remove locks and facilitate inspections under ‘exterminate yellow’ campaign
2014-07-08
Beijing-based Chinese educational institution Universal Education Group has received tens of millions U.S. dollars in series C financing from the country's largest search engine Baidu, Inc., according to Chinese news report. Universal Education previously received US$20 million series A financing from Sequoia Capital and Legend Capital in 2008. Three years later, DCM, Sequoia Capital and […]
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2014-07-08
Changsha city, Hunan Province-based Chinese online steel trading platform Gtxh.com has completed US$10 million series A financing led by Bertelsmann Asia Investments, according to Chinese news reports. The company says it will use the proceeds on improving its backstage and data processing capabilities, as well as on establishing offline facilities. Founded in 2006, Gtxh.com is […]
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2014-07-08
U.S. social networking giant Facebook has reportedly signed a lease for office space in Beijing, even though the website has been blocked in the country for at least five years. The office at Fortune Financial Center in Chaoyang district comprises 800 square meters, according to local media reports. In China, acquiring an office lease is […]
2014-07-08
Singapore Exchange's derivatives trading arm has opened a branch in Hong Kong, enabling investors here to use its Asian derivative products such as the China A50 futures to manage risk and facilitate trading, according to an announcement. The expansion will widen the use of Asian derivatives provided by the Singapore exchange. In the 12 months […]
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2014-07-08
Caught off guard by the unraveling of the Iraqi state – spurred by the rapid advance of the Islamic State in Iraq and Syria – Americans and Europeans have reverted to self-flagellation, much of it deserved. But, ultimately, the turmoil in the Arab world is a problem that foreign powers cannot resolve.
2014-07-08
The Bretton Woods conference created a global monetary framework that served as a cornerstone of a peaceful global political order for at least 30 years. What was the key to its effectiveness, and how can its success be replicated to create a new inter…
2014-07-08
West Africa finds itself increasingly enmeshed in the global drug trade. Governments in countries that are the principal producers and consumers of illegal drugs should fund prevention, treatment, and harm reduction initiatives, rather than only invest…
2014-07-08
Morgan Stanley Private Equity Asia, the Asian private equity arm of the U.S. bank, has raised around US$1.7 billion for its fourth Asia-focused fund, ahead of its original target of US$1.5 billion, according to a company announcement. The fundraising process began in mid-2012, and reached a first close of US$750 million that year. The new […]
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2014-07-08
American private equity and hedge funds, once only available to institutional investors, are moving down market to the retail marketplace, according to a new report by Boston-based research firm Cerulli Associates. "Delivering illiquid private investments to the retail marketplace is challenging, as the typical buyout fund on average has a life-cycle of approximately 10 years," […]
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2014-07-08
Coca-Cola's new factory in the Heilongjiang province city of Harbin has started construction. With an estimated investment of CNY620 million, this project is reportedly part of Coca-Cola's USD4 billion Chinese investment planning between 2012 and 2014. At present, Coca-Cola has four bottling partners in China and the newly established plant will be operated by Coca-Cola […]
2014-07-08
Hugo Boss AG has purchased back the 40% stake in its joint venture from its China-based franchise retail partner Rainbow Group. Now Hugo Boss has full control of the Chinese Mainland and Macau retail network of its luxury clothing brand. Hugo Boss AG and Rainbow Group established a joint venture in July 2010, with Hugo […]
2014-07-08
Chinese advertising firm BlueFocus Communications Group and U.S. outdoor advertising platform Clear Channel Outdoor have formed a multi-year partnership to promote prominent Chinese brands to American consumers, according to a joint announcement. Advertising of Chinese brands will be displayed on Clear Channel’s digital outdoor platforms at Times Square in New York City, as well as […]
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2014-07-08
The author is Chris Rynning, CEO and founder of Beijing-based private equity firm Origo Partners While the Chinese growth rate has been slowing in first half of 2014, I maintain my forecast of 7.5% GDP growth rate for 2014. On balance, I think it is more likely China will overshoot their growth target as 2015 […]
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2014-07-08
Chinese Internet tourism service provider Tuniu.com revealed that the company recently launched service centers in Harbin, Zhengzhou, Changsha, Jinan, and Qingdao, respectively. Prior to this, Tuniu.com had already established 15 service centers across China, covering Beijing, Shanghai, Shenzhen, and Nanjing. Tuniu.com launched its IPO on Nasdaq in May 2014. At that time, the company's chief […]