If those who claim asylum in a nearby country were sent to a refugee camp, safe from persecution, and supported financially by aid from affluent countries, people smuggling – and deaths in transit – would be eliminated. That may not be the best solution, but it may be the most workable.
2015-09-01
Regulators call for dividends, buybacks, mergers and restructurings to boost slumping prices
2015-09-01
NASDAQ-listed Chinese private medical service provider iKang Healthcare Group, Inc. has received a non-binding take-private proposal from the company's founder and China-focused private equity firm FountainVest Partners sixteen months after its U.S. float, according to a company announcement. Zhang Ligang, iKang's founder and chief executive officer, as well as FountainVest propose to acquire all of […]
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.
2015-09-01
Baring Private Equity Asia has acquired a 40% stake in U.K.-based manufacturer of cereals and cereal bars, Weetabix Food Company, to help the company expand in China, according to a company announcement. Deal price and other details are not disclosed, but earlier media reports indicated that Weetabix could be valued at around US$1.9 billion including […]
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.
2015-09-01
Further evidence of slowdown as Chinese factories stall
2015-09-01
Shanghai-based YooZoo Pictures, Bliss Media, and Creative Artists Agency have formed YooZoo Bliss Film Fund, a US$100 million fund seeking to back Chinese and global film productions, according to Chinese media reports. YooZoo Pictures is co-founded in 2014 by Lin Qi, who is the founder of Youzu Interactive, an online gaming company listed in Shenzhen. […]
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.
2015-09-01
Whereabouts of top hedge fund manager unclear as Beijing probe into market volatility escalates
2015-09-01
Shanghai-based digital media and display advertising firm Focus Media Holdings Limited has terminated a planned back door listing via a reverse merger with Shenzhen-listed Jiangsu Hongda New Material Co., Ltd., according to a securities filing. At the same time, Shenzhen-listed computers and accessories maker Hedy Holding Co., Ltd. says it has agreed to a reverse […]
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.
2015-09-01
China’s official manufacturing purchasing managers index (PMI), the bellwether of large industrial firms, fell to 49.7 in August from 50.0 in July. The index dropped below the benchmark level of 50 for the first time since February this year. The Caixin flash PMI, representing a group of small and medium private enterprises, also fell to […]
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.
2015-09-01
Wal-Mart China announced that the company has invested nearly CNY80 million in upgrading existing stores in Fuzhou, Fujian province. Wal-Mart entered the Fuzhou market in 2000 and the retailer currently has 12 shopping plazas in…
2015-09-01
Obama sees growing threat to US economic and security interests
2015-09-01
Cofco Coca-Cola, the bottling joint venture established by Cofco and Coca-Cola, has laid the foundation of its second Chinese bottling plant in Hebei. Coca-Cola plans to invest an additional USD4 billion in the Chinese market…
2015-09-01
Wealthy people chase after havens such as residential property and insurance
2015-09-01
If it goes wrong, it could destroy the international order that brought China great economic success
2015-09-01
Chinese B2C e-commerce platform Tmall.com and China National Petroleum Corporation's Hunan branch will integrate their resources to launch a mobile payment service model. Tmall.com, which is a subsidiary of Alibaba, said that the company will integrate Alibaba's ecosphere to help CNPC Hunan implement an "Internet Plus" transformation that includes an online store, mobile payment, big […]