The author is Liu Li-Gang, ANZ's chief economist for Greater China China’s export growth picked up to 15.3% year-on-year in September, from 9.4% in the prior month, better than market expectations, reflecting improving demand from advanced economies, especially the U.S. Shipment to the U.S. and the E.U. grew 15.3% and 14.9% in September, compared with […]

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Beijing-based Chinese insurance firm Anbang Insurance Group Co., Ltd. has agreed to acquire Belgian insurer Fidea from U.S. private equity firm J.C. Flowers & Co. for an undisclosed amount, according to a company announcement. The news came one week after Anbang announced last week that it is buying the Waldorf Astoria New York hotel from […]

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China’s export for September picked up by 15.3% year-on-year to reach US$213.7 billion, beating market estimate, according to data released by China's General Administration of Customs. Import increased by 7.0% to US$182.7 billion in September, the first positive growth for this year's third quarter. This led to another significant trade surplus of US$31 billion, the […]

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The reality show in Hong Kong is overshadowed by wartime dramas and pigeons’ bottoms

Hangzhou-based online healthcare service provider GuaHao.com has received RMB100 million (US$16.3 million) round of financing led by Chinese Internet services giant Tencent Holdings Limited, according to a company announcement. No further details of the investment were disclosed. But GuaHao.com will continue to operate independently, says the statement. The investment is part of a wider strategic […]

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As a part of Bright Food Group's internationalization, its Chinese subsidiary Yimin No.1 Foods acquired a majority stake in Salov Group, an Italian olive oil maker. The two parties reportedly reached an agreement on October 1, 2014, and no financial detail has been disclosed yet. According to Pan Jianjun, spokesperson of Bright Food, the two […]

Taiwan-listed gaming company XPEC Entertainment plans to invest NTD5.34 billion, which is about CNY1.068 billion, to acquire the entire stake of the mainland mobile game platform Tongbu Technology Limited. According to reports in Taiwanese local media, XPEC will hold a shareholder meeting in November 2014 to discuss the acquisition, which will then be reviewed by […]

Remaining demonstrators urged to leave protest sites

Analysts warn against taking September trade data as a sign of strong economic rebound

The Chinese are firmly attached to the status quo, whatever that happens to be, writes Joe Zhang