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Mobike and Ofo investors are in early talks to push China’s two largest bike-sharing start-ups into a merger, aimed at ending a costly competitive battle and creating a single dominant player in the fast-growing business, according to people familiar with the matter.
Investors in both companies have been holding talks to sort through issues such as how to split equity as a precursor to getting the companies to the table for negotiations, said the people, asking not to be identified because the matter is private.
The pair’s combined valuation would likely exceed $4bn (£3bn). The discussions are in a preliminary stage, and may not be consummated, they said.
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The sea level 6000 years ago was approximately 10 metres lower - the time that Polynesians were linguistically and genetically disconnected from Taiwan. According to genetic studies, they went through a genetic bottleneck. (a population crash or survival voyage). Just south of Taiwan, is a large area approximately 200 km by 90km and is approximately 8 metres below sea level. this would have disappeared under the waves approximately 6000 years ago. The Taiwan Banks would have been a large island capable of sustaining a unique culture such as the Polynesians for over 5,000 years. Taiwan Banks, possible 6000B.P. homeland of ancestral Polynesians. Red lines show the possible position of ancient causway linking Taiwan with China. 1. Eastern end of Ancient Causway with underwater ruins visible on northern end of Taiwan Banks. 2. 10,000 year old Underwater structures at Yonaguni-jima, near Okinawa. 3. Ancient Causeway linking Sri Lanka with India. The great wall of China, although much more recent was obviously inspired by these earlier ambitious engineering projects. Other insights from economic history that lead to useful generalisations include the patterns of economic and cultural development that predominate in continents vis-Ã -vis those that evolve in island nations close to continents, and about the relationships that develop between such cultures. Obvious examples include the relationships between the British Isles and continental Europe, and between Japan and China. In particular, island cultures tend to develop voyaging habits - predatory voyaging and voyaging for trade (Snooks conquest-***-commerce strategy) - whereas continental populations tended to follow a hierarchical agricultural ( super-feudal ) system of social organisation where the emperor or king was really more of an overlord than a governor.
China s economy produced $21.27 trillion in 2016 (based on purchasing power parity ). It s the world s largest economy. The European Union is second, at $19.1 trillion. The United States fell to third place, producing $18.5 trillion.
China has 1.37 billion people, more than any other country in the world. China is still a relatively poor country in terms of its standard of living. Its economy only produces $15,400 per person, compared to the U.S. GDP per capita of $57,300.
China built its economic growth on low-cost exports of machinery and equipment. Massive government spending went into state-owned companies to fuel those exports. These companies dominate their industries. They include the big three energy companies: PetroChina, Sinopec and China National Offshore Oil Corporation. These state-owned companies are less profitable than private firms. They return only 4.9 percent on assets compared to 13.2 percent for private companies.
The People’s Republic of China is home to one-fifth of the world’s people, who live in a nation only slightly larger than the United States. China’s diverse ecosystems provide habitat for approximately 10 percent of the earth’s wildlife, some of which is found nowhere else, including the giant panda, golden monkey, and Yangtze River dolphin. China’s rapidly developing economy, coupled with its large human population, puts increasing demands on its wildlife and natural resources. The P.R.C. Ministry of Forestry estimates that in the past 50 years, 10 wildlife species and 200 plant species have become extinct. Another 20 species of fauna are on the verge of extinction; some 400 more are threatened or endangered, as are 4,000 higher plant species. Source: U.S. Fish and Wildlife Service; Division of International Conservation http://www.fws.gov/international/DIC/regionalprograms/china/chinafact.html Others sources: http://en.wwfchina.org/en/what_we_do/species/lesser_known_species/ (not easy to find numbers on this site) http://www.animalinfo.org/country/china.htm (I haven t counted, but it looks to be around 80ish listed here) http://www.ifce.org/endanger.html (This site says nearly 100 - but I m not really familiar with this organization, their website is poorly designed and there is no indication of a date this information was published or updated) search strategies: china endangered species site:.org ; then tried site:.gov I would go with the first site I ve cited. For further assistance with your research, don t forget that many local libraries offer this service both in person and through chat/im services. Examples: http://www.askus247.org/ http://www.icpl.org/ask/ http://lib.nmsu.edu/askus/ http://www.sdmesa.edu/library/ask.cfm
Award organisers said the building was 'a demonstration that architecture is just as relevant in the poorest of communities as it is in the richest'
Non-Europeans appreciate that he always qualifies his 'America First' theme by saying that he expects 'you to put your country first, too'
At least eight companies plan to produce around 17 million pigs annually in the sparsely populated region of north-east China
Surprisingly, when the Greeks attacked the Temple, they didn't try to destroy it or burn it down. Rather, they defiled it. They offered pig sacrifices and brought a statue of Zeus into the Temple. The Greeks transformed the Temple into a house of idol worship. No longer did light stream from the Temple; the word of God was silenced.
The Greeks didn't want to totally destroy Judaism. Rather, they sought "li-Challel" - literally, to make it empty. They wanted to defile Jewish holy objects. To tear the heart and meaning out of Judaism. To take away the depth and reduce it to symbolism. To sap its spiritual core and to render it impotent.
This explains why the Greeks carefully scoured the Temple grounds searching for pure flasks of oil (bearing the seal of the High Priest). They knew that defiling the oil would silence the light of the Menorah - the light of Torah which reflects the depth and meaning of Jewish national and religious life. The Greeks knew that was the way to best "conquer" the Jewish nation.
The former managing director of China's Hanlong Mining, Steven Xiao, has been sentenced to eight years and three months jail for insider trading following a five-year long investigation by the corporate watchdog.
The sentence handed down in the New South Wales Supreme Court on Friday is the largest ever in Australia for insider trading. It also marks the end of one of the Australian Securities and Investments Commission's biggest investigations.
Xiao's sentence marks yet another development in the Hanlong Mining saga that has led to several arrests in Australia. At the same time the company has been linked to one of the biggest corruption cases in China's history.
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