Paralysis ensues as courtiers try to ‘guess the will of the emperor’
2015-07-15
The ongoing Greek drama may have transfixed Europe and the world, but the great crisis in Europe’s east has not gone away. If Russia is serious about resolving the conflict with Ukraine, it should be prepared to endorse the deployment of an international peacekeeping mission to the Donbas region.
2015-07-15
Statistics bureau rejects charge that inflation gauge exaggerates growth
2015-07-15
Tourists suspected of spreading terror content include 10 Britons, 9 South Africans and 1 Indian
2015-07-15
Beijing-based Zhanghetianxia, an online B2B platform focused on supply chain services for small convenience stores in China, has completed RMB100 million (US$16 million) series A round of financing from RiverHill Fund, according to Chinese media reports. Hangzhou-based RiverHill Fund is established by Simon Xie, co-founder of Alibaba Group Holdings Limited. Alibaba is the largest limited […]
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2015-07-15
KKR & Co. and CDH Investments have agreed to acquire a 9% stake in China Modern Dairy for HK$1.9 billion (US$245 million), according to a regulatory filing. KKR and CDH are investing in China Modern Dairy for a second time. The two previously invested in the company in 2008, and began selling off their shareholdings […]
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2015-07-15
China's State-owned Assets Supervision and Administration Commission (SASAC) is pushing to establish one to three innovation-focused investment fund with funding from central government-owned enterprises, according to official Chinese media reports. No information is available on how much capital the funds are seeking to invest, or when they will be set up. With the move, central […]
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2015-07-15
Taiwanese PC maker Asus is riding the slowing wave of PC growth with plans to ship fewer units this year. The company made the announcement as it published its operating revenue statistics for the second…
2015-07-15
Shunwei Capital, a venture capital investment firm co-founded by Chinese entrepreneur Lei Jun, has reached final closing of its third U.S. dollar fund with total capital commitments of US$1 billion, according to an announcement posted on Lei Jun's Weibo account. The new vehicle will target three sectors: mobile Internet, smart hardware and rural area Internet, […]
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2015-07-15
GDP growth hits 7% target as easing measures fuel investment rebound
2015-07-15
The Vietnamese government is canceling plans for Taiwan-based Foxconn to manufacture mobile phones in the country. An official from the government of Vietnam revealed that their related department has cancelled the investment license issued to Foxconn Group for the construction of a USD200 million mobile phone plant in Vietnam. Nguyen Tien Hanh, head of investment […]
2015-07-15
Beijing-based financial product marketing and service platform Sinowel Enterprise Group has completed an undisclosed amount series C round of financing from investors including TPG Capital, according to a company announcement. China Everbright Limited, KPCB, and KeyTone Ventures also participated. Jointly established by a team of financial services professionals and KPCB in 2000, Sinowel is the […]
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2015-07-15
By Gabriel Yap, executive chairman of Singaporean investment firm, GCP Global Pte Ltd. I had always wondered what is it like to retire before 40 years old and enjoy the world? What is it like to smell the roses everyday and enjoy every sip of my cappuccino? I summoned up the courage to do just […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-07-15
Taiwanese PC maker Asus published its operating revenue statistics for the second quarter of 2015, stating that the company's operating revenue was NTD108.403 billion, which was about CNY21.69 billion, representing a year-on-year increase of 3.05% and a decrease of 3.12% compared with the first quarter of 2015. Meanwhile, Asus revealed that its operating revenue in […]
2015-07-15
No one should confuse the "Joint Comprehensive Plan of Action" with a solution to the problem of Iran’s nuclear ambitions or its contributions to the ongoing turmoil in the Middle East. On the contrary, depending on how it is implemented and enforced, the agreement could make matters worse.