The author is ANZ greater China chief economist Liu Li-Gang The People’s Bank of China (PBoC) has taken a more proactive monetary policy since January 2014. To prevent the Chinese New Year cash crunch, the central bank, seeming to have learned the experiences in December, used reverse repo operations intensively to inject a large amount […]

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Haikou, Hainan province-based Hainan Haiyao says that the company plans to invest RMB122 million ($20 million) in Hainan Huantai Bio-Pharmaceutical Investment Fund for a 48.8% stake, according to a company announcement. The fund is a pharma-focused joint venture launched by Hainan Haiyao and several venture capital firms. Infotech Pacific Ventures and Haikou Creative Venture Capital […]

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Chengdu, Sichuan province-based smart wearable maker Codoon.com has received 60 million yuan (around $9.76 million) series A financing, according to Chinese media reports. Shenzhen Capital Group led the round and CITIC Capital also participated. Codoon previously received RMB22 million series A funding from Chinese online gaming company Shanda Capital in 2011. The company says it […]

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Shanghai-based online education platform and English-language learning institution TutorGroup has received strategic investment from SBI Group, according to media reports. SBI Group invested in TutorGroup through its education-focused fund SBI-Fudan Fund, but the investment size was not disclosed. TutorGroup once received $15 million in series A funding from Qiming in 2012. Last month, the company […]

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The debate around Crimea is no longer centered on international law: Russian President Vladimir Putin has publicly recognized that he does not feel bound by it and does not care if the rest of the world deems Russia’s actions illegal. What is not clear is whether Russia’s economy can bear the burden of Putin’s objectives in Ukraine.

The civil war now engulfing Syria emerged from its people’s desire for political change. Since the outbreak of protests in 2011 against President Bashar al-Assad’s regime – and long before – one group of Syrians, the Kurdish community, has consistently sought peaceful change and respect for the rights of all.

Li Yifei, president of Shanghai-headquartered 37wan.net, announced that the company has invested USD2.1 million to purchase the new domain 37.com and officially renamed the company 37 Game as he aims to accelerate overseas market expansion. Li said the market for web game exports is optimistic and it is a necessary way for gaming companies to […]

Anglo-Dutch consumer goods group, which makes Ben & Jerry’s ice cream, says acquisition will more than double size of its water purification business

Beijing has not approved another strain by Switzerland-based Syngenta of modified corn, even as US farmers prepare to plant it next month

If the Chinese leadership were ever to ‘do a Putin’ and use military force in support of its dispute with Japan, how could the US and allies react?