China (PRC)

PersonalFinance

China’s Centurium Capital raises over $2 billion from GIC, Temasek, others

HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy. FILE PHOTO: CEO of Luckin Coffee Jenny Qian Zhiya (3rd R), non-executive chairman […]

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PersonalFinance

Chinese private equity firm Centurium raises over $2 billion in debut fund

FILE PHOTO: CEO of Luckin Coffee Jenny Qian Zhiya (3rd R), non-executive chairman of Luckin Coffee Charles Zhengyao Lu, and David Li, co-founder and CEO of Luckin’s backer Centurium Capital celebrate the first trade of the company’s stock during the IPO at the Nasdaq Market site in New York, U.S., May 17, 2019. REUTERS/Brendan McDermid/File […]

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artsNews

Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

SINGAPORE/MANILA (Reuters) – Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. A Huawei company logo is seen at Huawei’s Shanghai Research Center in Shanghai, China May 22, 2019. […]

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artsNews

Huawei puts Honor above Android at new smartphone launch

LONDON (Reuters) – Huawei put uncertainty over the future of its devices business to one side on Tuesday with the launch of new Honor smartphones, in a confident display of the Chinese firm’s technology. The world’s second-biggest phone maker runs its devices on Google’s Android platform outside China, but the U.S. Commerce Department blocked Huawei […]

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artsNews

Balloon ‘Tank Man’ in Taiwan marks 30 years since Tiananmen crackdown

TAIPEI (Reuters) – A Taiwanese artist has created giant inflatables of a tank and “tank man” – the lone protester who stood in front of a convoy of tanks on Beijing’s Tiananmen Square – to mark 30 years since China’s bloody crackdown on the pro-democracy movement. The photograph of a man in a white shirt […]

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artsNews

Factbox: Selected works of architect I.M. Pei

FILE PHOTO: Tourists stand in front of the Louvre Pyramid designed by Chinese-born U.S. Architect Ieoh Ming Pei in Paris, France, September 13, 2016. REUTERS/Charles Platiau (Reuters) – I.M. Pei, whose modern designs and high-profile projects made him one of the best-known and most prolific architects of the 20th century, has died, the New York […]

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