President Barack Obama is under attack – from so-called liberal hawks, more or less to the left of center, as well as from active interventionists on the right – for being a weak president, leading a war-weary (even world-weary) America in retreat. But it is Obama who is likely to be vindicated.
2014-06-06
The global public has been outraged by the abduction of hundreds of Nigerian schoolgirls by the Islamic militia Boko Haram. So why are the same people unfazed by the presence of young Nigerian prostitutes on the streets of cities across Europe, North A…
2014-06-06
Beijing-based menstruation period tracking app maker Dayima has received US$30 million series C financing, led by Ceyuan Ventures, according to a company announcement. Sequoia Capital and Bertelsmann Asia Investments also participated. Previously, Dayima received US$5 million series A financing led by Bertelsmann and Zhen Fund in April 2013. Five months later, Dayima received US$10 million […]
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.
2014-06-06
The Australian citizen was detained this week after giving an FT interview on the Tiananmen Square massacre and could face expulsion from China
2014-06-06
China’s real effective exchange rate (REER) looks overstretched based on its relationship with the country's productivity, while the Korean won (KRW) looks mildly undervalued, suggesting more upside potential, according to a new report by Standard Chartered Bank. The bank analyzes Asian currencies based on real effective exchange rate, which is the weighted average of a […]
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.
2014-06-06
A Pentagon report claims that Beijing’s annual defence spending is 20% higher than officially claimed and closer to $145bn
2014-06-06
Chinese food conglomerate COFCO Group has formed a strategic partnership with a consortium of private equity firms to build and manage large-scale industrialized hog farms and meat processing plants in China, according to a joint announcement. U.S. private equity firm Kohlberg Kravis Roberts & Co. (KKR), Baring Private Equity Asia, Hopu Investment Management Co. and […]
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.
2014-06-06
Taiwanese PC maker Acer launched its Build Your Own Cloud service. To promote the service, the company opened a Build Your Own Cloud experience center in Lung-Tan Aspire Park, Taipei, and launched a special logo for the business. According to Stan Shih, chairman of Acer, BYOC is based on the Acer Open Platform. It will […]
2014-06-06
The stable relationships of the future require understanding the other side’s mindset and a willingness, when necessary, to be tough
2014-06-06
Exiled leaders say that while Chinese people and property have not so far been harmed, continued repression could spark ‘unfortunate incidents’