The government should make a real commitment to supply-side reforms, writes Eswar Prasad
As the EU struggles to strengthen its border security, tracking and finding refugees and economic migrants before they reach European soil will become a priority. But no technology can address the underlying problem: the conflicts from which millions o…
With Saudi Arabia and Iran having broken off diplomatic relations, the prospect of a return to cooperation – vital to help stabilize an increasingly volatile region – seems remote. But, given their shared interests, rapprochement – at least on some issues – should be both sides' goal.
Paracel island chain is controlled by China and also claimed by Vietnam and Taiwan
Last month’s rate rise is drawing criticism. Few believe there will be more increases this year
The last great oil bust occurred in the 1980s – and it changed the world, leading to the collapse of the Soviet Union. Today's plunging oil prices are similarly likely to redraw the geopolitical map, as petroleum-rich governments in Africa and the Middle East confront social unrest and Europe faces a new wave of migrants.
To turn the tide against extremism, Middle Eastern countries must be able to provide economic opportunities to their people, secured through trade, investment, and jobs. In this fundamental respect, China has much to offer – and its president has once again shown his determination to offer it.
Shanghai-listed real estate developer Shandong Tyan Home Co., Ltd. says it has agreed to invest US$20 million in We Doctor Group Ltd., an online healthcare service provider formerly named GuaHao.com, according to a disclosure document (in Chinese). In September 2015, GuaHao.com completed US$394 million new round of financing led by Hillhouse Capital and Goldman Sachs. […]
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The traditional holiday cash squeeze has been exacerbated by sharp capital outflows
Qiming Venture Partners has invested over RMB4 billion (US$600 million) in healthcare companies in the past seven years, accounting around 40% of its aggregate invested capital, says the company in a release today. The China-focused venture firm's healthcare team, led by managing partner Nisa Leung, made 12 healthcare investments, with an average check amount of […]
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CMC Holdings, an investment platform affiliated with China Media Capital (CMC), has agreed to acquire 29.55% of Hong Kong-listed sportswear manufacturer Meike International Holdings Ltd., according to a disclosure document. Allan Yap, Meike's executive director and its largest shareholder, has agreed to sell his entire holding of 350 million ordinary shares to CMC Holdings for […]
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Chinese digital media and display advertising firm Focus Media Holdings Limited, which completed an A-share backdoor listing last December, plans to invest RMB100 million (US$15 million) in a Chinese finance media mobile app as a way to expand its businesses. In a disclosure document (in Chinese), Shenzhen-listed computers and accessories maker Hedy Holding Co., Ltd., […]
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The formal chairman of TITH Holdings Co., Ltd., a unit of Tsinghua Holdings, has raised RMB1 billion (US$152 million) for a new fund-of-funds focused on investing in Chinese angel investment vehicles, according to Chinese media reports. Qunzi Capital, the new investment firm founded by Qin Qun, has secured RMB300 million during the first twenty days […]
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The Chinese government faces a tougher balancing act in 2016, as it cuts capacity and leverage while ensuring minimum growth of 6.5% to achieve a well-off society by 2020, says a new research report by Standard Chartered. The bank believes that the government is unlikely to tolerate a growth rate lower than 6.5% for the […]
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Smartphone shipments in China grew 3% annually to hit a record 438 million units in 2015. Xiaomi maintained first position and captured 15% smartphone market share in the country, according to the latest research from Strategy Analytics. "China smartphone shipments declined 4% annually from 123 million units in the fourth quarter 2014 to 117.9 million […]
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Suzhou-based antibody discovery and development start-up Adagene Inc. has completed a US$28 million series B financing led by GP Healthcare Capital, according to a company announcement. New investor New World TMT and existing investors Eight Roads Ventures China, formerly Fidelity Growth Partners Asia, F-Prime Capital, formerly Fidelity Biosciences, and WuXi Corporate Venture Fund, also participated […]
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NASDAQ-listed Canadian Solar Inc. has entered into agreements to receive a financing package of up to US$70 million in loans and equity investment from the International Finance Corporation (IFC), says a company announcement. Canadian Solar, founded by Chinese entrepreneur Dr. Shawn Qu with most of its manufacturing facilities in China, will receive loans of up […]
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Even though China saw a decrease in the past year of newly launched smartphones, the statistics on the total number …