The US$500 million-under-management private equity investment firm CEE-Equity Partners Ltd, established by China Exim Bank in partnership with institutional investors from the Central and Eastern Europe, has committed around $78 million to renewable energy developer Polish Energy Partners (PEP), according to a document posted on PEP's website. The fund, established in 2014, has agreed to […]

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Asian private equity firm Baring Private Equity Asia says it has acquired a substantial stake in U.K.-based global lifestyle brand company Cath Kidston from its existing majority shareholder TA Associates and members of the company’s management team, according to an announcement made by Baring. Specific deal size and other details of the transaction were not […]

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Ricki Mudd, adopted by a family in the US, traces her birth parents in China and documents on film her life caught between two families

Authorities step up checks on all mainland processing plants of a key supplier after allegations that it was passing off expired meat as fresh

When incompetence in the Kremlin turns murderous, its incumbents can begin to tremble. As news of the downing of Malaysia Airlines Flight 17 over Ukraine trickled into Russia, people with a long memory recalled the Soviet Union’s attack, 31 years ago this September, on Korean Air Lines Flight 007, and its political consequences.

Perhaps because of its very relevance to the making of Europe, France mistrusts the changes taking place around it – as though the weight of its nationhood were narrowing its horizons. But no country today can remain isolated from globalization, tame it, or lead it alone. So France must look again to Europe and political union.

Beijing is no longer simply responding to prodding or provocations from surrounding states but acting on its own initiative

China’s newly affluent visit sites that deify Mao

Dubbed ‘red tourism’, China’s under-35 tourists are increasingly choosing to visit sites that glorify the Chinese Communist party

The author is Russ Koesterich, chief investment strategist at BlackRock China's GDP growth in the second quarter rose by 2% quarter-on-quarter, versus expectations of 1.8%. It is also an improvement from the 1.5% quarter-on-quarter growth registered in the first quarter this year. On a year-over-year basis, China’s economy grew 7.5% in the second quarter from […]

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Beijing-based second-hand luxury products distributor and maintenance service provider Secoo.com has completed US$100 million series D financing, according to a company announcement. The round is led by China Media Capital. Existing investors IDG Capital, Ventech China, Crehol China, Vangoo Investment Partners also participated. Previously, Secoo.com received US$10 million series A from IDG Capital in 2010. […]

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Beijing-based diaper and baby formula e-commerce platform Miyabaobei.com has received US$20 million series B financing led by Sequoia Capital, according to Chinese media reports. Existing investors Zhen Fund and China Renaissance K2 Ventures also participated in the round. Sequoia Capital partner Zhou Kui will join Miyabaobei's board of directions post investment. Previously, Miyabaobei.com received several […]

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Shanghai-based Chinese wedding e-commerce platform Daoxila.com has completed tens of millions U.S. dollar series B financing led by Sequoia Capital and Fidelity Asia Ventures, according to a company announcement. The company previously received tens of millions U.S. dollar series A financing led by Fidelity Asia Ventures and New Access Capital in 2012. Daoxila.com says it […]

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Shanghai-based online game developer and operator Giant Interactive Group Inc. has competed a go-private deal by Baring Private Equity Asia, Hony Capital and CDH Investments, according to a company announcement. The buyer consortium, which also included Giant's chairman Shi Yuzhu, acquired shares at US$12 per American Depository Share (ADS), valuing the New York Stock Exchange-listed […]

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A Praxair subsidiary has signed a long-term contract to supply industrial gases in China. Praxair will provide thhe gases to Nanjing Jinling Huntsman New Materials Company Ltd., a joint venture between Sinopec Jinling and Huntsman. Jinling Huntsman will use the gases to help build a state-of-the-art propylene oxide and methyl tertiary butyl ether plant located […]

Chinese home appliances group Midea is expecting a huge jump in its 2014 earnings. The company published its semi-annual performance prediction for 2014, stating that during the first six months of 2014, the company's net profit is expected to increase by between 45% and 60% over the same period of last year; its earnings will […]