US President Barack Obama has effectively declared war on the Islamic State, using the very rhetoric that his predecessor George W. Bush used when launching America's "war on terror." The US now risks becoming enmeshed in a permanent war against an expanding list of enemies – often created by its own policies.
Chinese President Xi Jinping's visit to India strongly suggests that China is determined to inhibit the bilateral rivalry from intensifying. But, despite Xi’s investment pledges, it is far from certain that Asia’s two giants can bridge the differences that continue to burden the bilateral relationship.
Thousands participate in launch of civil disobedience campaign, one week before Occupy Central is expected to block a business district
Beijing-based Chinese online IT education platform JiKe Academy has raised US$22 million series B financing from SIG China and BlueRun Ventures, according to a statement on its official website. Founded in 2009, JiKe which provides online courses on Android, iOS, Java and HTML5 programs. It previously received an undisclosed series A financing from BlueRun Ventures. […]
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.
This is a speech by Norman T L Chan, chief executive of the Hong Kong Monetary Authority, at the Treasury Markets Summit 2014 in Hong Kong on September 15, 2014 We have just marked the fifth anniversary of the launch of the pilot scheme for the use of RMB in cross-border trade transactions in the […]
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.
Joshua Wong, the 17-year-old founder of Scholarism, has defeated the Chinese territory’s government before – in a campaign against educational changes
Rare decline in overseas direct investment reverses a decade-long trend of sharp rises
Beijing-based film production and distribution company Le Vision Pictures, Ltd. has raised RMB340 million (US$55.4 million) series B financing from Chinese venture firm CHT Capital and other unnamed investors, according to a company announcement. The latest round values the film company, founded in 2011, at roughly RMB4.8 billion (US$780 million). In August 2013, Le Vision […]
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.
China's X86 server shipments reached 448,000 units, a year-on-year increase of 22.2%; and its server sales reached USD1.43 billion, a year-on-year increase of 34.6%, according to latest statistics from IDC. Statistics from IDC showed that during the second quarter of 2014, the global shipment of X86 servers increased by 1.5% year-on-year to 2.2 million units; […]
Latest pollution figures show the world’s most populous nation produced more C02 per head than EU, as thousands march over climate change
Ma will have to deliver after asking investors for trust
Japanese retailer Aeon is selling its warehouse property in Hong Kong. Aeon has reportedly received a fixed asset acquisition proposal worth HKD700 million from an unnamed independent third-party. According to local media reports, the company is considering the proposal; however, no legal binding agreement has been reached yet. Aeon plans to sell its Wilson Logistics […]