The German chancellor reacts angrily while on a visit to Beijing to allegations that the US recruited a German intelligence employee as a double agent
Beijing-based image tagging and sharing app Nice has received US$20 million in series B financing led by H Capital, according to Chinese media reports. Existing investors Matrix Partners, VY Capital and Morningside Venture Capital also participated in the round. Nice previously received US$8 million in series A financing led by Matrix Partners, with participation from […]
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Beijing’s anti-corruption campaign makes inroads into China’s stock markets, with the securities regulator stepping up its probe into insider trading
Beijing-based online retailing platform for second-hand car YouChe.com has received US$10 million in series A financing led by IDG Capital, according to Chinese news report. YouChe.com previously received several million RMB angel investment from Zhen Fund last December. Founded in December 2013, YouChe.com is an O2O (online to offline) platform focused on selling used vehicles […]
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Asia is now home to 55% of the total number of super-tall office buildings globally. Within Asia, China dominates the development pipeline in the super-tall building category over the next five years, with the country accounting for 71% of the total future supply to be completed during the period, and with its tier II cities […]
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By 2025, 1.8 billion people will be living in regions stricken with absolute water scarcity, and two-thirds of the world’s population will face water-stress conditions, meaning a scarcity of renewable freshwater. Will the international community muster the political will to act?
To reverse the Middle East's slide into chaos, the region needs strong stabilizing forces that can underpin coordinated action aimed at curtailing sectarian violence. Here, Iran has a key role to play, implying that the West would gain as much as the I…
The author is ANZ greater China chief economist Liu Li-Gang China’s external debt surged from US$250 billion in 2008 to US$989 trillion at the end of 2013. However, the value represented just 11% of China’s GDP. Short-term credit represented 80% of total external debts, but only 26% of China’s foreign exchange reserves. Overall, China has […]
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The author is ANZ greater China chief economist Liu Li-Gang China’s external debt surged from US$250 billion in 2008 to US$989 trillion at the end of 2013. However, the value represented just 11% of China’s GDP. Short-term credit represented 80% of total external debts, but only 26% of China’s foreign exchange reserves. Overall, China has […]
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.
The author is Goldman Sachs/Gaohua China macro economist Song Yu China is scheduled to release second quarter and June economic data in the coming days with consumer price index (CPI) and producer price index (PPI) data on July 9; trade data on July 10; money and credit data before July 16, and second quarter GDP […]
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.
Hugo Boss AG has purchased back the 40% stake in its joint venture from its franchise retail partner Rainbow Group as it gains full and direct control of the Chinese Mainland and Macau retail network of the Hugo Boss brand. Hugo Boss AG and Rainbow Group established a joint venture in July 2010, with Hugo […]
Alibaba Group's cloud computing subsidiary Aliyun and Inspur Group have formally reached a strategic cooperation to jointly explore smart city and administration cloud markets, provide comprehensive cloud computing solutions to various industries, and build an independent and controllable cloud service ecosystem. As representative enterprises and rivals in the Chinese cloud computing industry, Inspur Group and […]
Country is starting to take a more proactive role in the WTO talks and to put distance between itself and the other big emerging economies
