China head of Man Group hedge fund attended string of meetings

‘Crisis of confidence’ over ‘contradictory government agenda’

Whether they are being exposed to refugees firsthand, or just seeing images of them splashed across newspaper pages, Europeans are well aware of the vast numbers of desperate people trying to enter EU territory by any means possible. But this awareness…

Door slammed on US rock band after photo of Dalai Lama spotted in 2010 video backdrop

Although 64% of surveyed investors expect the RMB to depreciate further in the next 12 months, more than 70% of them say they would continue to hold or even expand their RMB-denominated investments, according to a survey conducted by Standard Chartered Bank (Hong Kong). The survey, which is done between August 14 to 22 shortly […]

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Some US presidential candidates are calling for “boots on the ground” to fight the Islamic State, which now controls a large part of eastern Syria and western Iraq. They are right, but the boots should be worn by Sunni Arabs and Turks, not Americans.

Imports and exports both decline sharply, heightening concerns over ripples from China slowdown

China's exports in RMB terms declined 6.1% year-on-year in August, compared with 8.9% contraction in July. The country's Imports fell sharply by 14.3% year-on-year in August, from a 8.6% contraction in the previous month, reflecting depressed commodity prices and weak domestic demand. As exports fell less than imports did, the trade surplus widened significantly to […]

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Security solutions firm Allegion plc is selling a majority stake in its Chinese firm. Ireland-based Allegion has signed, through two of its subsidiaries, a definitive agreement to sell a majority stake in Bocom Wincent Technologies…

British-based ARM has partnered with Chinese smart device firm Thundersoft to launch an Internet of Things accelerator in Beijing. The ARM Innovation Ecosystem Accelerator is an IoT one-stop shop for startups and OEMs in Beijing. The Beijing facility is the first of four planned and is aimed at further advancing China's IoT industry. Financial terms […]

Beijing-based maternity and baby products flash sales platform Mia.com has completed US$150 million series D round of financing led by Baidu Inc., according to Chinese media reports. A number of undisclosed existing investors also participated. Mia.com did not immediately respond to an inquiry to confirm the news. In December 2014, Mia.com, previously named Miyabaobei.com, completed […]

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China's latest foreign reserve data highlights the risk the country's central bank faces: The longer the authorities try to keep the RMB from adjusting to market forces, the larger the eventual depreciation will be, says a research report by the Australia and New Zealand Banking Group Limited (ANZ). China’s forex reserves recorded a decline of […]

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Five-months-old Chinese online education platform Lexuezx.com says it has completed US$30 million series A round of financing led by H Capital, according to Chinese media reports. Other obscure investors and unnamed individual investors also participated. Representatives at the company did not immediately respond to an inquiry to confirm the news. Launched in April this year, […]

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If forced to choose, China should allow its currency to fall further

If Beijing relies on state enterprises it will be favouring special interests, writes Robert Zoellick

AsiaInfo will acquire all of Trend Micro's businesses in China, including over 100 core technologies and intellectual property rights. Meanwhile, AsiaInfo will establish an independent security technology company, which will integrate AsiaInfo's existing communications security technologies with Trend Micro's cloud and big data security technologies. He Zheng, chairman of AsiaInfo's security department, said that the […]