When it comes to relations with China – and development strategies more generally – there are two opposing camps within Africa. But the approach that will bring the most progress is one that smooths the contradictions and offers a balanced, accommodative, and pragmatic vision behind which Africans can unite.
The FT investigates how the world’s most populous country has reached a critical chapter
A little-know investment firm has submitted a higher counter offer to buyout and take New York Stock Exchange-listed E-Commerce China Dangdang Inc. private, says an announcement. iMeigu Capital Management Ltd. says it has submitted a preliminary non-binding proposal to acquire all of the outstanding shares of Dangdang in an all-cash transaction for US$8.8 per American […]
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The Internet finance arm of Ping An Insurance Company of China, Ltd., which just completed a US$1.216 billion new financing round ahead of a planned initial public offering, has seen departures of two high-level executives lately, says an article by Caixin Media. Shanghai Lujiazui International Financial Asset Exchange Co. Ltd., also known as Lufax, suffered […]
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China steel mills rush to lock in supply ahead of shutdown for horticultural expo
KKR's head of Global Macro & Asset Allocation, Henry H. Mcvey, just issued an awesome report on global economies and markets, with an insightful segment on China. Globally, Mcvey sees four important themes: Despite the recent sell-off in risk assets, we still do not think that 2016 is the time to lean in. Our base […]
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Greater China-focused hedge funds declined 0.33% in February to register a loss of 6.9% for the first two months of the year, highlighting market volatility and the challenges faced by investors. Hedge funds still outperformed the market, with the MSCI China Index dropping 14.93% during the first two months. According to the latest data released […]
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Ant Financial, the Internet financial affiliate of Alibaba Group, plans to raise CNY20 billion, which is about USD3.1 billion, in …
Equipment maker faces losing US suppliers after being found to have sold American technology to Iran