Russia is in long-term decline, but it still poses a very real threat to the international order in Europe and beyond. Indeed, Russia’s malaise may make it even more dangerous, given the tendency of declining states to become less risk-averse.
2015-04-14
Russia is in long-term decline, but it still poses a very real threat to the international order in Europe and beyond. Indeed, Russia’s malaise may make it even more dangerous, given the tendency of declining states to become less risk-averse.
2015-04-14
China's new RMB loans remained elevated in March, reaching RMB1.18 trillion, up from the RMB1.02 trillion recorded in February, according to data released by the People’s Bank of China. The aggregate financing continued to remain lukewarm at RMB1.18trn in March, compared with RMB2.1trn during the same period of last year. The M2 growth moderated to […]
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2015-04-14
Collapse in commodity prices has led to record $60bn monthly trade surpluses
2015-04-14
US executives in the country warn of costly rules for foreign and domestic companies
2015-04-14
Two Hong Kong-based investment firms have participated in a US$15 million series C financing round in Vietnamese restaurant chain operator, Huy Vietnam Group Limted, according to a company announcement. The round is led by Templeton Emerging Markets Group. Hong Kong-based private equity firm, Welkin Capital Management, and Hong Kong-based family office, Prosperous Alliance Investments Limited, […]
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2015-04-14
China Media Capital, Shanghai Media Group and London-headquartered television production firm FremantleMedia have agreed to establish a joint venture to create entertainment products for the China market, as well as to take proprietary China content to the world market, according to a joint announcement. No financial details of the venture were announced. FremantleMedia will develop […]
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2015-04-14
Guangzhou-based Chinese mobile content and service provider Sungy Mobile Limited says that it has received a preliminary non-binding proposal from the company's senior executives to take the company private, according to a company announcement. Sungy Mobile's chairman and CEO, Deng Yuqiang, and company co-chief operating officer Zhu Zhi, propose to acquire all of the company's […]
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2015-04-14
Munich, Germany-based life science-focused venture firm, TVM Capital Life Science Venture Capital, has achieved a US$50 million first closing of its maiden China-focused fund, according to a company announcement. The fund, named China BioPharma Capital I, will focus on investments in life science innovation in Western companies with the objective to obtain licenses for development […]
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2015-04-14
New York Stock Exchange-listed Chinese social networking firm Renren Inc. has led a US$70 million series C financing round in U.S. Internet finance firm LendingHome, according to a company announcement. Existing investors Colony Capital, Cowboy Ventures, First Round Capital, Foundation Capital, Ribbit Capital and SAB Capital also participated in the round, which brings the company's […]
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2015-04-14
Beijing-based private clinic chain Distinct HealthCare has completed US$17.5 million series B round of financing led by an undisclosed Hong Kong-based investment firm, according to a company announcement. Existing investor Matrix Partners also participated. Founded in 2012, Distinct HealthCare received an undisclosed series A financing from Matrix Partners. The company currently operates seven clinics in […]
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2015-04-14
Beijing-based ride-sharing mobile app maker 51YongChe has completed an undisclosed series C round of financing led by Baidu Inc., according to an announcement posted on the company's Weibo account. Existing investor Sequoia Capital and other undisclosed investors also participated in the round, which is worth tens of millions U.S. dollars, says the statement. Baidu made […]
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2015-04-14
Hangzhou-based home decoration and furnishing online information and design platform Kujiale has completed US$10 million series B financing led by GGV Capital, according to Chinese media reports. Matrix Partners, IDG Capital Partners, Yunqi Partners, and others also participated in the round. The company says it will use the proceeds on research and envelopment, as well […]
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2015-04-14
Chinese venture capital firm Qiming Venture Partners has raised $75 million for an annex vehicle for its third U.S. dollar-denominated fund, according to a securities filing. The fund, named Qiming Venture Partners III Annex Fund L.P., will make follow-on investments in existing portfolio companies. Qiming's third U.S. dollar fund, which raised US$450 million, was closed […]
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2015-04-14
The news in recent days of China's "Great Cannon" and a related research report from Canada has cast a spotlight from outside China on the machinations of China's government-run Internet services. Dubbed "Great Cannon" in a research report from the University of Toronto's Citizenlab, the researchers say, "The Great Cannon is not simply an extension […]
2015-04-14
Chinese smartphone maker Xiaomi announced that the company has terminated its exclusive cooperation with Flipkart, a leading e-commerce provider in India, and signed agreements instead with Amazon and Snapdeal for the sales of smartphones in India. Xiaomi started an exclusive cooperation with Flipkart for the sale of its smartphones when the company entered the Indian […]
2015-04-14
Chinese B2C e-commerce group JD.com announced that Zhang Chen, former Yahoo global vice president and founder and president of the Yahoo Beijing R&D center, officially joined JD.com as senior vice president to lead the technical research and development systems of the company. Zhang has nearly 20 years' development and management experience in the software industry. […]