Data suggest supply is failing to keep pace with demand
First extradition of an ‘Operation Skynet’ comes ahead of Xi visit
Carl Huttenlocher is now one of my favorite hedge fund managers. Why? Because one year ago, the chief investment officer of Hong Kong-based Myriad Asset Management predicted, correctly, that the RMB would and must continue to devalue – at a time when mainstream wisdom believed in China's ability to keep a stable exchange rate. After […]
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Beijing-based pharmacy O2O (online-to-offline) platform Kfyao has completed RMB200 million (US$31 million) series B round of financing from Tiantu Capital. Kfyao says it will use the proceeds on expanding its offline pharmacy network and service improvement, according to Chinese media reports. Li Kanglin, Tiantu Capital's partner, will join Kfyao's board. Founded in May 2014, Kfyao […]
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The author is Ayaka Jones, analyst at U.S. Energy Information Administration Economic deceleration, industry restructuring, and new energy and environmental policies have slowed the growth of coal consumption in China and are also driving more centralized and cleaner uses of coal. After nearly a decade of rapid growth, energy-based consumption of coal, which currently supplies […]
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Alibaba's UC Browser announced during the Global Mobile Internet Conference Jakarta that they will establish their Southeast Asia headquarters in Indonesia's capital Jakarta. With the new headquarters, UC Browser plans to further enhance their investment and distribution in Southeast Asia. By August 2015, the company's browser market share in Indonesia was 40.03%. By building its […]
Asia-focused Olympus Capital Asia has invested US$40 million in Tendcare Medical Group to help the private Chinese hospital operator expand in the country. Founded in 2009, Tendcare currently operates five hospitals with over 2,400 beds, four pharmacies, two medical equipment companies and 17 clinics across five cities in China. The company is in the process […]
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