Georges Clemenceau, who, as France’s prime minister, led his country to victory in World War I, famously said that “war is too important to be left to the generals.” Japan is now discovering that history is too important to be left to newspaper editors.
2014-08-28
Beijing’s reception of Zimbabwean president shows open-wallet policy has limits, as he departs with far less than he was seeking
2014-08-28
Seven years after the global financial crisis began, the US and eurozone economies are still performing well below potential – and are facing additional downward shocks. When will their leaders admit that the Greater Depression has begun?
2014-08-28
New Zealand dairy firm Fonterra Limited plans to acquire a 20% stake of Hangzhou-based infant formula manufacturer Beingmate, in an attempt to gain greater foothold in China's dairy industry that has been rocked by scandals in the past few years, according to a joint announcement. Specific deal terms were not disclosed. After the minority stake […]
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2014-08-28
China’s largest state-owned asset management firm China Huarong Asset Management Co., Ltd. has been approved by regulators to sell a 20.98% stake to a consortium of eight investor for RMB14.5 billion (US$2.4 billion). The China Banking Regulatory Commission (CBRC) hopes the investment would accelerate improvement of Huarong's internal management and operations, in preparation of an initial […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-08-28
Washington, D.C.-based global private equity firm Carlyle Asia Investment Advisors Limited is in negotiation with one of the largest Chinese real estate developers, China Vanke Co., Ltd., to acquire some of its commercial properties through asset or share acquisitions, according to an official announcement. The negotiations, which also include the establishment of a strategic partnership […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-08-28
China Labor Watch says supplier of South Korean group is employing more than 10 children. In 2012 the same contractor was accused of legal violations
2014-08-28
Shares in Next Media suspended after 3% fall following news of Investigation into pro-democracy supporter Jimmy Lai
2014-08-28
China's ZTE Corporation has signed a contract with Slovak operator SWAN for a nationwide LTE network project. ZTE will exclusively construct a core CS/PS network, and a GSM/LTE mobile communications and value added services network, involving over 1,100 dual-mode GSM/LTE base stations to SWAN. Financial terms of the deal were not released. SWAN was granted […]
2014-08-28
Shares in Chinese property developer sink after deeply discounted rights issue aimed at lowering its leverage as property slowdown deepens
2014-08-28
Chinese classified information website Ganji.com announced its latest executive team structure, covering strategy, sales, business development, and marketing. Former Alibaba executive Chen Guohuan has been appointed chief operating officer of Ganji.com; former Taobao executive Zhu Xiaoping has been appointed vice president of Ganji.com's channel department; and former Alibaba B2B business unit executive Wang Zhenghong has […]