For Europe, the defining event of 2014 was Russia’s annexation of Crimea and military intervention in eastern Ukraine’s Donbas region, which directly challenged Europe's renunciation of the use of force to alter national borders. But Russia is no longer in any position to sustain its aggressive foreign policy.
Sign of political crackdown on foreign media under President Xi Jinping
Shenzhen-listed Shandong Shengli Co., Ltd. has partnered with Jilin province-based Northeast Securities and Shandong Jing Sen New Energy Technology Co., Ltd. to establish a merger and acquisition fund to invest in the clean energy sector, according to a company announcement. The clean energy M&A fund has a fundraising target of between RMB500 million to RMB1 […]
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Critics accuse government of reducing concept to ‘obey the law’
Beijing-based online English language education platform 51Talk has acquired rival 91Waijiao, according to 51Talk's CEO Huang Jiajia's official Weibo account. No specific transaction terms were disclosed. After the completion of the deal, 91Waijiao's platforms, users and staff will be absorbed into 51Talk. Founded in 2011, 51Talk received angel investment from Chinese angel investor Xu Xiaoping, […]
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App Annie, a data tracker of the mobile app industry, has raised US$55 million in Series D financing led by U.S. venture capital firm Institutional Venture Partners (IVP), according to a company announcement. Existing investors including Sequoia Capital, Greycroft Partners, IDG Capital Partners and e.ventures also participated in the round. Eric Liaw, general partner at […]
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Beijing-based Chinese security software maker Cheetah Mobile Inc. plans to establish a venture capital fund in Taiwan to help support young entrepreneurs in the island, says Cheetah's founder Lei Jun and CEO Fu Sheng at a mobile Internet conference held in Taiwan, according to Chinese media reports. No details of the venture fund, including its […]
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A world in which power resided in hierarchies has given way to one in which it inhabits networks. But statecraft has yet to adapt, and the international institutions and partnerships that emerged in the years following World War II demand both maintena…
Chinese consumer electronics group TCL formally announced that they will acquire the Palm brand from HP. Li Dongsheng, chairman of TCL Group, said that the acquisition of Palm is different from the acquisition of Alcatel. Palm has its fans in America and its operating ideas are similar with Apple and this type of fandom can […]
Shanghai Yimin No.1 Foods, a subsidiary of Bright Food Group, has completed an equity settlement with Salov Group in Milan, Italy, marking its successful acquisition of a 90% stake in this Italian olive oil maker and its formal entry into the olive oil market. This is reportedly the first time for Bright Food to operate […]