The experience of Arab states in transition shows that technocratic approaches to security-sector reform are inadequate. Simply put, a conventional focus on upgrading skills and operational capability, in the absence of improved governance, is easily s…
2016-03-30
When the United States’ new president gets down to work in January 2017, some obvious foreign-policy issues will already be waiting – some more patiently than others. Some of these will be perennial problems in need of no introduction; often, however, the crises that greet a new president are not the ones anyone expects.
2016-03-30
Progressives in tug of war with neo-Maoists as 50th anniversary of anarchic decade looms
2016-03-30
Century Bridge Capital has invested US$11.5 million in a joint venture middle-income residential project in Ningbo, China, following previous investments in lower tier Chinese cities despite price stagnation in these areas. In an announcement, the Dallas and Beijing based firm says the US$122 million project has approximately 87,854 square meters and approximately 840 units. "Market […]
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2016-03-30
As the terrorist attacks in Paris and Brussels have starkly demonstrated, if there was ever a moment since the end of WWII when Europe needed to take charge of its security, it is now. Terrorists are targeting Europe, because they believe Europe is the…
2016-03-30
China's Qihoo 360 Technology Co. Ltd. announced that its US$9.3 billion go-private deal has won shareholder approval, which means the company could be de-listed from the New York Stock Exchange within a couple of weeks. The passage came nine month after the Chinese Internet security firm initially received a preliminary non-binding proposal in June 2015 […]
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2016-03-30
Chinese hospital operator Zhongmei Healthcare Group, in which the Carlyle Group made a US$64 million investment, is seeking an initial public offering in Hong Kong. In a securities filing, Zhongmei says Carlyle made a US$64 million pre-IPO investment to take a 15.7% stake of the company in January 2016. In the planned IPO, the company […]
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2016-03-30
Uplifting the world's poorest 4.5 billion people is the world's next big growth engine, with the Bottom Billions' annual spending expected to grow to US$56 trillion by 2030 from US$5 trillion today, says a research report by BofA Merrill Lynch Global Research. For investors, it means the sector of Information and Communication Technology (ICT), financials, […]
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2016-03-30
China's Fujian Thai Hot Investment Co., Ltd. has completed the acquisition of a 51.5% stake in U.S. healthcare outsourcing firm Alliance HealthCare Services, Inc. for US$102.5 million. In an announcement, Fujian Thai Hot Investment, which is an investment holding company with a controlling stake in Chinese property firm Thai Hot Group, has bought 5.5 million […]
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2016-03-30
Le Sports, the sports unit of LeEco, formally announced the closing of a US$1.2 billion (RMB8 billion) series B financing round with a valuation of US$3.3 billion. The latest fundraising, which was announced by Le Holdings chairman and chief executive Jia Yueting at the 2016 China (Shenzhen) IT Summit, brings the company’s total venture fundraising […]
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2016-03-30
Guazi.com Inc., a Chinese online used car trading platform minority owned by 58.com Inc., has closed a new US$204.5 million round of financing from undisclosed investors, according to a company announcement. Founded in 2014, Guazi is led by Yang Haoyong, founder of Ganji.com, which was acquired by rival 58.com last year. Yang served as co-chairman […]
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2016-03-30
Global financial institutions are increasingly adopting the RMB for payments. A total of 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with China as of February 2016, according to SWIFT (Society for Worldwide Interbank Financial Telecommunication) data. This is an 18% increase […]
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2016-03-30
Unfortunately it would be more of a surprise that a Chinese Internet company did not have a security hole, but …
2016-03-30
Beijing-based Chinese online grocery store Womai.com, backed by state-owned food conglomerate COFCO, has made a strategic investment in Okliang.com, a Shenzhen-based organic farm operator. Financial details were not disclosed. According to a company announcement, the two parties plan to cooperate on supply chains, fresh produce business models, and cold chain logistics. Okliang.com was founded in […]
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2016-03-30
CITIC Private Equity Funds Management Co., Ltd. (CITIC PE) has made a strategic investment in Beijing New Journey Cancer Hospital, according to a company announcement. Financial details were not disclosed. Founded in 2011, Beijing New Journey Cancer Hospital was jointly established by Peking University Cancer Hospital. Beijing New Journey Cancer Hospital is an experiment on […]
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2016-03-30
Tougher sanctions tighten screws but Pyongyang’s progress towards viable atomic weapon continues
2016-03-30
Draft legislation is the latest measure to bolster Beijing’s so-called Great Firewall
2016-03-30
The country is systemically important and suffers high and rising corporate indebtedness