The spread of extremist terror is not confined to the atrocities committed by the Islamic State. For that reason, the international community needs a comprehensive strategy to defeat Islamist extremism – one in which force, diplomacy, and development work together to achieve a more stable world.
2016-01-04
At the cusp of the new year, we face a world in which geopolitical and geo-economic risks – in the Middle East, Africa, and Asia – are multiplying. Yet it is Europe that may turn out to be the ground zero of geopolitics in the coming 12 months.
2016-01-04
Leaders defend territory’s right to police itself amid ire over mainland encroachment
2016-01-04
Hong Kong-listed real estate developer New World Development Co., Ltd. plans to make a second attempt to take its China property unit private, according to Bloomberg citing a person with knowledge of the matter. Trading of shares of New World Development and New World China Land Ltd., also listed in Hong Kong, was suspended today […]
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2016-01-04
Shenzhen-based mobile game publisher iDreamSky Technology Limited has entered into a definitive agreement to be taken private by management and investors at a valuation of approximately US$609 million, according to an announcement. The investor consortium is led by Michael Xiangyu Chen, chief executive officer and chairman of the company, and chief technology officer Anfernee Song […]
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2016-01-04
Shanghai-based Dada, a Uber-like mobile app that focuses on providing last mile logistics services, has completed US$300 million series D round of financing from DST Global, Sequoia Capital and other unnamed investors, according to Chinese media reports. Launched in 2014, Dada operates through Imdada.cn and is valued at over US$1 billion after the completion of […]
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2016-01-04
Shanghai, China, January 4, 2016 /ChinaNewswire.com/ – Michel Molliet has been appointed Chief Operating Officer of AccorHotels, Greater China, effective January 01, 2016. In his new role, he will oversee the management of the group’s 125 operating hotels and projects in the pipeline across mainland China, Taiwan, Hong Kong and Macau, a portfolio which includes … Continue reading "AccorHotels Appoints Michel Molliet Chief Operating Officer, Greater China"
2016-01-04
An entity backed by Tsinghua Holdings Co., Ltd. says it plans to raise RMB4.5 billion (US$693 million) across three industry funds to invest in China's industrial upgrading, healthcare and environmental protection, according to an official announcement. The Tus-Financial Group, which is jointly funded by Tsinghua-controlled Tus-Holdings Co., Ltd. and Haoyang Property Development Co., Ltd., announced […]
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2016-01-04
Baidu Inc. has launched a big data-based quantitative investment fund to exploit opportunities in the Chinese stock market, following announcements two months ago that it was to establish an Internet bank and an Internet insurance company, according to China's National Business Daily. The Guojin Baidu Big Data Fund, which is backed by Baidu and Chinese […]
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2016-01-04
China’s official manufacturing purchasing managers index (PMI), edged up to 49.7 in December, less than market expectation. Despite the uptick in December, the PMI has remained below the benchmark level of 50 for the fifth consecutive month, suggesting that manufacturing sector continued to contract. As the PMI has remained below 50 in the fourth quarter […]
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2016-01-04
Alibaba Group and Shanghai Jahwa United Co., Ltd. signed a strategic cooperation agreement in Hangzhou. With the deal, the two companies will use big data to explore consumer buying preferences; optimize and upgrade product supply chains; and help Shanghai Jahwa realize its strategic development of full-brand full-channel distribution. Meanwhile, the two parties will jointly establish […]
2016-01-04
The down business is down in China. China's leading down maker Bosideng International Holdings Limited published its semi-annual financial report, stating that by September 30, 2015, the company saw a net profit decrease of 48.3%…