Painful as it is to admit, the West, especially the United States, bears a significant degree of responsibility for creating the conditions in which the Islamic State has flourished. Only a change in US strategy can reduce the risk of further terrorism.
2015-11-19
Study reveals ‘questionable’ strategies in dealings with US
2015-11-19
Beijing-based online education firm Uniquedu has completed RMB300 million (US$47 million) series B round of financing led by Shenzhen Qianhe Capital Management Co., Ltd., according to the company's website. Existing investor Fosun Kinzon Capital and other investors also participated in the round, which was completed in October. Founded in 2010, Uniquedu previously raised US$20 million […]
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2015-11-19
Fate of stock sales worth billions rests with low-paid civil servants
2015-11-19
CDIB Capital, the private equity arm of Taiwanese financial services firm China Development Financial, is raising a second fund to focus on China-Taiwan cross-strait investments, according to media reports. The fund, named CDIB Capital Taiwan Partners, is targeting to raise around US$170 million. It will invest in later-stage start-ups in precision manufacturing, smart devices, cloud […]
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2015-11-19
Chinese internet group to beef up banking affiliate as part of push into finance
2015-11-19
Chinese B2C e-commerce operator JD.com announced that they will stop services at Paipai.com on December 31, 2015, and after a three-month transition period the website will be completely shut down by April 1, 2016. Paipai.com…
2015-11-19
Beijing-based mobile sales management tool FXiaoKe has teamed up with IDG Capital Partners, Northern Light Venture Capital, and China Soft Capital to launch a US$20 million investment fund to invest in the Software as a Service (SaaS) sector in China, according to a news article posted on the company's Weibo account. The focus of the […]
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2015-11-19
Shanghai-based English language online learning platform TutorGroup has completed US$200 million series C round of financing from Singapore's sovereign wealth fund GIC, the Russia-China Investment Fund, Goldman Sachs and Silverlink Capital L.P., says an announcement. Existing investors also participated in the round, which values TutorGroup at over US$1 billion. The company says it will use […]
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2015-11-19
Tianjin-based traditional Chinese medicine and healthcare company Tasly Holding Group has teamed up with Taikang Life Insurance Company Limited to launch a China healthcare fund with RMB5 billion (US$784 million) in total capital commitments, says a company announcement. The Tasly Healthcare Industry Fund will seek investment opportunities in hospitals, medical equipment, diagnostics, nutritional products and […]
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2015-11-19
Investors in the land of Affluentia should worry about a new problem
2015-11-19
November 17 is a Czech national holiday, marking the start of the “Velvet Revolution” of 1989, which ended more than four decades of communist rule and propelled the country’s best-known proponent of human rights, the playwright Václav Havel, to the presidency. This year’s commemoration was an insult to the revolution’s legacy.