Beijing urged to accept UN tribunal’s verdict to ease regional tensions
2016-07-12
To no one’s surprise, the Permanent Court of Arbitration in The Hague has upheld all key claims in a case brought by the Philippines against China on the application of the UN Convention on the Law of the Sea in the South China Sea. The PCA has cut the legal heart out of China’s argument that the sea is, in effect, a Chinese lake.
2016-07-12
Arguments over contested area have been going on for some time
2016-07-12
US calls on Beijing and others to renew diplomatic efforts over maritime claims
2016-07-12
China offers Philippines inducements to ‘set aside’ decision
2016-07-12
Canadian private equity firm Onex Corporation and Baring Private Equity Asia have agreed to acquire the Intellectual Property & Science business (IP&S) from Thomson Reuters for US$3.55 billion, says a company announcement. The transaction is expected to be funded with an equity investment of approximately US$1.6 billion for 100% ownership of IP&S. Onex will contribute […]
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2016-07-12
Bangalore, India, July 12, 2016 /ChinaNewswire.com/ – AccorHotels and Brigade Group, Bangalore announced the opening of Grand Mercure Mysuru in South India’s popular growing tourist destination, Mysuru. Set in the historical city’s heartland, north of the majestic Mysore Palace, the hotel boasts 146 contemporary rooms and suites. The Grand Mercure Mysuru is located on the … Continue reading "AccorHotels strengthens footprint in South India with the launch of Grand Mercure Mysuru"
2016-07-12
Country’s leaders worry about growing risk of confrontation
2016-07-12
Hainan, China, July 12, 2016 /ChinaNewswire.com/ – Sofitel hotels have been celebrating the French Fete de la Musique since the beginning of June. This annual music event has been held during the European summer since its inauguration in 1982 and Sofitel has been celebrating the festival amongst its 120 hotels worldwide since 2010. This year’s … Continue reading "Show Business Legends From East And West Create Unforgettable Memories In Sanya"
2016-07-12
In China, dozens of online travel start-ups have failed or are inching toward collapse, sending blows to venture capitalists who have bet hundreds of millions of U.S. dollars in the online travel sector bubble. Tao.117go.com, branded as Taozailushang in Chinese, an online customized travel package platform with backing from Alibaba Group Holdings, Redpoint Ventures, Softbank […]
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2016-07-12
Swedish company reverses course and agrees to recall 1.7m dressers
2016-07-12
AMC Entertainment Holdings, Inc., the U.S. cinema chain owned by Dalian Wanda Group, has agreed to acquire London-based Odeon & UCI Cinemas Group from private equity firm Terra Firma in a transaction valued at approximately £921 million (US$$1.2 billion). The deal, if completed, will make AMC the largest cinema operator globally with over 7,600 screens. […]
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2016-07-12
China Growth Capital has led a US$10 million series B+ round in Juzi Entertainment, a new media content producer, with participation from Qihoo 360 Technology Co. Ltd. Launched in December 2014, Juzi Entertainment previously received US$15 million series B investment from Ventech China, Zhen Fund and Matrix Partners in January this year. Juzi Entertainment provides […]
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2016-07-12
Rare species of beetle named after China’s president, sparking online derision
2016-07-12
The Carlyle Group is to exit from Concord Medical Services Holdings Ltd., a New York Stock Exchange-listed Chinese radiotherapy and diagnostic imaging center operator, as the company's chairman and chief executive proposes to take it private. Yang Jianyu and entities affiliated with the company chairman have submitted a preliminary non-binding proposal to acquire all of […]
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2016-07-12
Around 57% of Chinese limited partners (LPs) plan to maintain its allocations to private equity, compared to last year's 34%. Only 4% of LPs plan to reduce its private equity allocations, significantly less than last year's 22%, according to a new report released by ChinaVenture. Corporations continue to dominate the LP landscape in China, taking […]
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2016-07-12
20,000 tonnes of garbage illegally dumped on lake island as typhoon season approaches
2016-07-12
Alibaba's reach into online finance, Internet commerce, streaming movies, and gaming just expanded to include mobile apps. China's independent mobile …