Barack Obama’s upcoming visit to Cuba – the first such visit in 88 years by a sitting American president – is undoubtedly an historic moment. But a closer look at the US policy of engagement with Cuba suggests that its biggest impact will be on Obama's own legacy.
2016-03-17
This year’s World Water Day, on March 22, provides an opportunity to highlight what in many countries has become a grim reality: The availability of fresh water is increasingly a defining strategic factor in regional and global affairs. Unless water resources are managed with extraordinary care, the consequences could be devastating.
2016-03-17
Shanghai-based food ordering mobile app Ele.me, one of the brightest stars in China's hot O2O (online-to-offline) sector with a whopping valuation of US$4.5 billion, has seen its shine darkened by black clouds over the past two days. Ele.me was singled out in the Chinese national television station CCTV's World Consumer Rights Day gala on March […]
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2016-03-17
China's Panda Bonds market, referring to bonds issued by foreign institutions on the onshore market in China, will not grow rapidly in the short term due to several regulatory and market constraints, says a research report by Fitch Ratings. The Panda Bonds market is still in its formative stages with a total outstanding amount of […]
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2016-03-17
Hong Kong private clinic chain Human Health Holdings Ltd. plans to raise as much as HK$116 million in an initial public offering in the city, with part of the proceeds earmarked for expansion in mainland China, according to a securities filing. The IPO will price shares at between HK$1.32 and HK$1.51 apiece, and has attracted […]
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2016-03-17
IDG Capital Partners has completed fundraising for a healthcare fund denominated in RMB, according to an announcement. Story to follow. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering import…
2016-03-17
At a news conference on the final day of the National People's Congress, Premier Li Keqiang sent clear signals that the government's top priority is to sustain growth with more stimulus measures, which means structural reform could be postponed, says a research report by Shen Jianguang, chief Asia economist at Mizuho Securities Asia Ltd. Premier […]
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2016-03-17
Bain Capital Private Equity has acquired a large majority stake in private hospital operator Asia Pacific Medical Group (APMG) from existing shareholders, according to a company announcement. Deal terms are not disclosed. Bain Capital Private Equity plans to inject further funding into to the business for new expansion projects in China’s tier one cities to […]
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2016-03-17
Shopping malls in China are closing down everywhere because of a supply glut and the increasing popularity of e-commerce. But one Chinese investment firm wants to put more money into buying shopping malls, believing well-managed retail outlets still have a bright long-term future. Shanghai-based Realway Capital Partners, a private investment firm engaged in real estate […]
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2016-03-17
Allan Zeman, chairman of Hong Kong-based Lan Kwai Fong Group, shares his views with China Money Podcast host Nina Xiang on China's property glut and what should be done to manage emerging ghost towns across the country. Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and […]
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2016-03-17
Americas more depressed than Asean by Chinese slowdown