The reforms that count tend to conform to the western model, writes Martin Jacques

The massive protests that have roiled Hong Kong in recent weeks are ostensibly demands for more democracy. But they actually reflect frustration among a population that has been poorly governed by a succession of leaders picked by China’s central government more for their loyalty than their competence.

Turning point highlights ongoing shift of global economic influence to the east

China Everbright Limited (CEL), the Hong Kong-listed financial services arm of China Everbright Group, has agreed to acquire U.S. vehicle testing equipment firm the Burke E. Porter Machinery Company (BEP) for US$90 million, according to a regulatory filing. CEL is buying all outstanding shares of BEP, which will continue to be run by its current […]

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China's GDP growth slowed to 7.3% in the third quarter amid weaker domestic demand, beating market expectation of 7.2%, according to China's National Bureau of Statistics. This is the slowest expansion since the first quarter of 2009. Fixed-asset investment excluding rural households increased 16.1% in the first nine months from a year earlier, the lowest […]

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China's Lenovo Group announced the establishment of a new wholly-owned subsidiary aimed at mobile Internet-enabled devices. This new subsidiary will reportedly start formal operation on April 1, 2015, and it will have an independent company name and a new sub-brand. Chen Xudong, Lenovo Group's China president, will be chief executive officer of the new company. […]

With Japan and China leading the way, the Asia Pacific region registered world-leading levels of high net worth individual (HNWI) population and wealth growth in 2013, with no signs of slowing down, according to the Asia Pacific Wealth Report 2014 published by RBC Wealth Management and outsourcing firm Capgemini. HNWIs are defined as those having […]

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Asia ex-Japan hedge funds lead global peers with year-to-date returns of 6.66%, due in large part to a 25.79% rise in Indian equities since the start of the year, according to the latest data released by hedge fund research firm Eurekahedge. Funds investing in North and Latin American came in second and third place, delivering […]

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Beijing-headquartered Chinese private equity firm JD Capital plans to acquire a controlling 51% stake of Chinese brokerage firm Teemrise Securities for RMB360 million (US$59 million), according to an article posted on JD Capital's official website. After the deal is completed, JD Capital plans to rename the Shenzhen-based Teemrise as JiuZhou Securities, and help expand its […]

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Intel Capital, Intel’s global investment arm, says that its Intel Capital China Smart Device Innovation Fund has released its first investments totaling approximately US$28 million in several Chinese companies, according to a company announcement. The investments demonstrate Intel’s commitment to fostering Chinese technology innovation and accelerating China Technology Ecosystem (CTE) development in smartphones, tablets, wearable […]

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Shanghai-based Chinese semiconductor design company VeriSilicon Holdings Co., Ltd., backed by a slew of U.S. venture investors, has filed for an IPO on the NASDAQ to raise as much as US$75 million, according to a regulatory filing. No specific pricing information has been determined. Austin Ventures and Sierra Ventures each holds a 12.09% of the […]

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Shanghai-based financial leasing firm Juxin Internatinoal Leasing Co., Ltd., backed by a number of domestic Chinese private equity investors, has filed for an IPO on the Shanghai Stock Exchange to raise around RMB1.25 billion (US$204 million), according to a securities filing. The company is planning to sell up to 100 million shares. It has yet […]

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When Ukraine’s voters go to the polls on October 26, not only the fate of their country will be at stake; so will the future of a significant part of Europe. To put it simply: the future of Ukraine will decide the future of Russia, and the future of Russia will have a substantial impact on the future of Europe.

Italy has been focal point of Beijing’s €5bn Europe investment push