A Chinese consortium including Shanghai Giant Network Technology Co., Ltd. has agreed to acquire Caesars Interactive Entertainment, Inc.'s social and mobile games business in an all-cash deal for US$4.4 billion to help it expand in China, according to a company announcement. The consortium also includes Yunfeng Capital, China Oceanwide Holdings Group, China Minsheng Trust, CDH […]

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SoftBank will launch its humanoid robot Pepper in Taiwan later this year and the company will provide about 100 units …

The West is in a political trap, with neoliberals like Hillary Clinton and neo-nationalists like Donald Trump perpetuating an endless loop of mutual reinforcement. The way out is progressive internationalism: solidarity among large majorities around the world who are prepared to rekindle democratic politics – on a planetary scale.

City bars Chan Ho-tin from legislative council elections because of his independence advocacy

State-backed bank card network Unionpay loses billions in fees as consumers embrace mobile payments

Far cry from doom-laden predictions at the start of 2016

South Korea under pressure as China competes head on

Western policymakers have struggled to categorize the Russian political system, often resorting to vague phrases such as “illiberal democracy” or “authoritarianism.” If anything, the Russian system should be characterized as proto-fascist – tamer than the interwar European fascist states, but featuring key elements of those regimes.

The country has 50 sites recognised by the UN’s cultural arm, compared with Italy’s 51

Business activity softened in July as an export index rise failed to offset a weaker housing reading

Xi'an, Shaanxi, China, July 29, 2016 /ChinaNewswire.com/ – AccorHotels announces the grand opening of the 275-room Novotel Xi'an SCPG on 28 July. The hotel is the first Novotel property to debut in Xi'an and Shaanxi Province, which brings the Novotel network brand expansion to 21 hotels in the Greater China region. “This is our first … Continue reading "Novotel Xi'an SCPG introduces new lodging concept in China's Shaanxi Province"

Beijing, China, July 29, 2016 /ChinaNewswire.com/ – Project Pengyou announced this week that they have opened applications for their Leadership Fellows Program, to be held at Harvard University. The Project Pengyou Leadership Fellows Program is a highly selective leadership development program for students passionate about U.S.-China exchange. Successful applicants will travel to Cambridge, MA on … Continue reading "Project Pengyou Opens Applications for Leadership Fellows Program to Train Student U.S.-China Bridge-Builders"

New rules target wealth management products that have fuelled non-bank credit boom since 2008

WI Harper Group and Innovation Works have joined a US$20 million series B round in U.S. robotics start-up Wonder Workshop, according to a company announcement. Idea Bulb Ventures, Learn Capital, Charles River Ventures, Madrona Venture Group and China's TCL Corporation also participated in the round. The investors are hoping to bring Wonder Workshop's products to […]

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Chinese outdoor advertising firm Focus Media has led a RMB640 million (US$81 million) venture round in an eSports start-up, Sport of the Heroes, according to a securities filing. Two Chinese funds whose identities are difficult to confirm also participated in the round, which values the three-month-old platform at RMB3.6 billion (US$541 million), reflecting investor enthusiasm […]

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Shanghai Fosun Pharmaceutical (Group) Co. has signed a definitive agreement to acquire 86% of India's Gland Pharma, a pure-play generic injectable pharmaceutical products firm backed by global private equity giant KKR, for US$1.26 billion. Fosun Pharma will purchase all shares owned by a unit of KKR, in addition to shares purchased from other shareholders of […]

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Move could worsen tensions after loss of court ruling by Beijing

American rideshare company Uber and its Chinese rival Didi Chuxing are cruising on the good news today that China has …