Beijing-based tech growth capital investment firm WestSummit Capital says that it has raised $325 million across two funds from several large institutional investors in Europe, North America and Asia, according to a company announcement. One fund is a $225 million WestSummit Fund II that focuses primarily on investments in tech companies in North America and […]

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While European citizens largely support the establishment of a common security and defense policy, most of Europe’s leaders have demonstrated a clear lack of interest in building one. This paradox is rooted in the irreconcilable approaches to EU security championed by France, the UK, and Germany.

Amid the violent chaos of today’s Middle East, Morocco is an oasis of stability. Its politics, open economy, and balanced international relations are increasingly aligned with the regional interests of the US and Europe.

China drops stockpiling programme that has seen it run up an outsized hoard of cotton, pledging to switch to a subsidy system for cotton farmers this year

China drops stockpiling programme that has seen it run up an outsized hoard of cotton, pledging to switch to a subsidy system for cotton farmers this year

Slowing growth highlights challenges facing Beijing as it attempts to maintain economic momentum while implementing painful reforms

Value of new home sales rose 27% last year, as new premier Li Keqiang pulled back from the previous administration’s attempts to control prices

Despite opening night nerves and the strong regulator’s influence, companies appear set for a largely positive reception

Telsa knows that even if it can sell its cars in China, nobody will by them if there are no means by which to readily recharge the cars' electric batteries. So the U.S.-based electric vehicle designer and maker is now reportedly preparing for a roll-out of free charging stations in China. Tesla is aiming to […]

Shanghai Liantong and the Institute of Software at the Chinese Academy of Sciences have jointly released China Operating System, an operating system with built-in intellectual property rights, in Beijing. This Chinese-made operating system can reportedly be applied to PCs, smart palm devices, set-top boxes, and smart TVs. To solve security issues, the parties claim the […]

U.S.-based electric vehicle designer and maker Tesla announced that the company is preparing for a roll-out of free charging stations in China. Tesla is aiming to support the long-distance driving of its electric cars in the polluted nation. Diarmuid O'Connell, Tesla's vice president who is responsible for enterprise and business expansion affairs, revealed to local […]

‘The best of what Geneva can offer’ – in Asia’s gaming capital

This would be enough to pass the official target of 7.5% growth for 2013 as a whole, but would be the lowest figure for any year since at least 1999