Turkey’s downing of a Russian warplane risks intensifying the violence engulfing Syria, thereby dashing hopes for a rapprochement between Russia and the West that had arisen in the wake of the Paris massacre. To address these challenges, Turkey and the EU must commit to building a genuine partnership.
Commercial tussles are less dramatic than scraps in the South China Sea but may be more important
58.com Inc., which in April agreed to acquire 43.2% of rival Ganji.com for US$1.6 billion, says it plans to spin off a consumer-to-consumer (C2C) used car trading platform, Guazi.com Inc., according to a company announcement. Yang Haoyong, a co-founder of Ganji.com and co-chairman of the merged company, has agreed to invest an undisclosed amount to […]
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Shanghai Lujiazui International Financial Asset Exchange (Lufax), an online financial services start-up launched by Ping An Insurance Company of China, Ltd., has agreed to partner with nearly 30 major private investment fund houses to help distribute their products online, according to Chinese media reports. The managers include Shanghai Chongyang Investment, DH Fund Management, China Future […]
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In the new age of geopolitics Europeans must think on a supercontinental scale, writes Bruno Maçães
Articles in army newspaper warn that badly handled changes could lead to instability
Chinese e-commerce platform JD.com is reportedly seeking to invest US$150 million and gain control in venture-backed Douban, a Chinese social network site tailored to films, books, music and local events. The move signals JD.com's ambitions to expand further in the books, music and entertainment categories after launching its own books division in 2010. Based on […]
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Chinese Internet tourism services provider Tuniu.com officially confirmed that Hainan Airlines Tourism Group has made a USD500 million investment in the company. On the completion of the transaction, Hainan Airlines Tourism Group will become the largest shareholder of Tuniu.com with about 24.1% of the shares. Tuniu announced in May 2015 that the company received total […]
Both bulls and bears can be right with the landing looking hard on the outside, soft on the inside