As US President Barack Obama prepares to embark on an historic visit to Cuba, the future of the communist-ruled island is the subject of widespread speculation, with some observers hoping that the ongoing shift toward capitalism will naturally lead Cub…
2016-03-04
Budget rise of 7-8% follows double-digit increases almost every year for past quarter-century
2016-03-04
A Chinese O2O (online-to-offline) start-up 8dol.com has completed a RMB200 million (US$30 million) series B+ round of financing led by health food and cosmetics company Jiangsu Longliqi Group Co., Ltd., the company said in an announcement (in Chinese). Jiangsu Longliqi says it's investing as a strategic partner, and plans to cooperate with 8dol.com to learn […]
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2016-03-04
Investors need to sign out of social media and block the key word "Five-Year Plan" and "National People’s Congress" from their inbox for a week during China's annual meetings of its political and business leaders, says Andrew Gilholm, managing Director at consulting firm Control Risk. Gilholm says here are the four things investors absolutely need […]
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2016-03-04
Fosun Kinzon Capital has led a series A round in Silicon Valley-based uSens Inc., a start-up providing 3D hand tracking and head tracking for mobile and tethered systems for the Virtual Reality and Augmented Reality sector, according to Chinese media reports. Morningside Ventures and other undisclosed investors also participated in the round, which amounts to […]
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2016-03-04
A total of ten Chinese companies raised an aggregate of RMB5.1 billion from initial public offerings globally in February, up 11% and 33.8% respectively from January. But when compared to the same period last year, both IPO volume and combined deal value declined 62% from February 2015. IPOs By Chinese Companies Globally (Feb 2015-Feb 2016) […]
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2016-03-04
The year of 2015 is likely to be the last year of double-digit smartphone growth, as the Chinese market transitioned to single-digit increase last year, according to new data released by the International Data Corporation (IDC). There were 1.44 billion smartphone shipments worldwide, up 10.4% over year-on-year. The number is projected to hit 1.5 billion, […]
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2016-03-04
Hong Kong, March 4, 2016 /ChinaNewswire.com/ – Laurence E. 'Larry' Lipsher, the U.S. tax C.P.A living in Asia for decades and who claims some of America's top entrepreneurs and business people residing overseas as his clients, has just published his latest book titled "Larry's 2016 U.S. Tax Guide 'Supplement' for U.S. Expats, Green Card Holders … Continue reading "American Expat Taxpayers Living In China And Overseas Have A New Useful Tool"
2016-03-04
A recent published article by the Chinese government signals a clear shift in the focus of the country's top leadership led by President Xi Jinping away from the anti-corruption campaign to economic growth, says a research report released by Mizuho Securities Asia Ltd. On 26 February, the Central Commission for Discipline Inspection (CCDI) published an […]
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2016-03-04
hina officially launched 5G R&D technology testing at the beginning of 2016, and this lays a foundation for the launch …
2016-03-04
The past year has seen both more civil unrest and more advanced cyber attacks in Hong Kong. Is there a …
2016-03-04
Private equity firm Warburg Pincus has trimmed its stake in NASDAQ-listed China Biologic Products again, selling a 16% stake for US$425.7 million, according to a company announcement. Warburg Pincus Private Equity X, L.P. and Warburg Pincus X Partners, L.P. sold 3.87 million shares at US$110 per share. The private equity giant is now left with […]
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2016-03-04
Chinese instant noodle and beverage maker Master Kong announced that for the year of 2015 ended December 31, the company's unaudited profit attributable to shareholders is expected to decline by between 35% and 40%. Master…
2016-03-04
If great British brands are to thrive, they will need businesses like Reignwood, writes Songhua Ni
2016-03-04
Capital controls can only buy time to address the underlying issues
2016-03-04
As the turmoil in the Middle East worsens, the fate of the Palestinians seems to have been put on the diplomatic back burner. And yet elements of a constructive way forward – toward a more inclusive and legitimate order in Israel and the territories that it occupies – are hiding in plain sight.