Turbulence has failed to dent outbound investment, data show

At a spring garden party on the grounds of Buckingham Palace, Queen Elizabeth II recently criticized the "rude" behavior of Chinese President Xi Jinping's entourage during his 2015 state visit. But, given China's hierarchical conception of world order,…

Zhang Dejiang is the most senior official to travel to the territory since 2014 Occupy protests

Pentagon warns Pakistan could host Chinese naval installation, as Gen Sharif visits Beijing

Fosun Kinzon Capital, the venture capital arm backed by Shanghai-based conglomerate Fosun Group, announced that it had removed three of its top management team, according to Chinese media reports. Fosun Kinzon's chairman Wang Jun, president Bao Zhoujia and co-president Liang Junzhang have been removed from their positions. The three executives have reportedly raised money to […]

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Warburg Pincus plans to open an office in Singapore to further identify and evaluate growth investment opportunities across Southeast Asia, the global private equity giant announced today. The office, subject to regulatory approval, is expected to be officially opened in July. "We see a lot of opportunity in Southeast Asia for the growth investor willing […]

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50th anniversary a time of reckoning on the tumultuous period

In a new book, Chinese Internet giant Tencent Holdings Ltd.'s founder and chief executive officer Pony Ma offers his thoughts on the sharing economy in China. Tencent Research Institute published a summary of the book today. Here are the main points. – China's sharing economy is entering into a golden development stage As of the […]

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Morningside Ventures and GGV Capital have led a US$32 million series C round of financing in KEEP, a Chinese workout mobile app operator, according to Chinese media reports. Bertelsmann Asia Investments also participated in the round. The company says it plans to use the proceeds to upgrade its app functions and expand its product offerings. […]

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Buyout deal value in Asia Pacific’s healthcare sector reached new records to US$4.9 billion last year. Private investments in public equities (PIPEs) also surged to nearly US$1 billion, almost double the US$575 million total in 2014, according to the fifth annual Global Healthcare Private Equity and Corporate M&A Report from Bain & Company. But as […]

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Geodesic Capital, a venture capital firm founded by the former U.S. Ambassador to Japan and an ex-partner at Andreessen Horowitz, has closed its debut fund at US$335 million to bridge Silicon Valley and Asia with a focus on Japan. Geodesic Capital Fund I will seek to provide growth stage venture capital to U.S.-based consumer and […]

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Shanghai Fosun Pharmaceutical (Group) Co. has made a non-binding proposal to buy India's Gland Pharma, which is backed by global private equity giant KKR, the Chinese firm said in a disclosure filing. The deal, which is still in early stage and has not been agreed to by Gland Pharma, could be valued at up to […]

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Australia-based Telstra has appointed Cynthia Whelan as new chairman of Autohome.com.cn, a Chinese automobile website. Autohome's former chairman Timothy Chen …