Asia-Focused Hopu Sees New Golden Age for Buyouts
Hi, it's Manuel Baigorri in Hong Kong, where I've just sat down with a senior executive at Hopu Investments to discuss the firm's strategy and the right time for popping champagne. Also today, DoorDash is hungry for deals.
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China tells G7 to stop 'manipulating' China issues for its own agenda
BEIJING (Reuters) -China warned the Group of Seven advanced economies on Friday against "manipulating" issues related to the world's second-largest economy for their own agenda, after they accused Beijing of unfair business practices a year earlier. Beijing's criticism of the G7 and what it represents comes amid a surge in global trade tension between the United States and China this year, as well as within the bloc's membership. In remarks ahead of a three-day G7 summit in Canada set to start from Sunday, Lin Jian, a spokesperson of the Chinese foreign ministry, accused the group of having always upheld a Cold War mentality. The bloc should "stop interfering in other countries' internal affairs, stop undermining other countries' development, (and) stop manipulating issues related to China," Lin told a regular news conference. The G7 provokes conflicts and confrontations, said Lin, adding that such practices were "doomed to fail". In the communique after its 2024 summit in Italy that mentioned China more than 20 times, the G7 said its companies needed to be protected from China's unfair business practices. It also warned of action against Chinese financial institutions that helped Russia obtain weapons for its war in Ukraine. The participation of countries beyond the grouping, such as India and Brazil, in last year's event also irked China, which viewed the move as a bid to sow discord among countries of the Global South. New leaders will represent five of the G7's members - Britain, Canada, Germany, Japan and the United States - at next week's summit.
CNET
an hour ago
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Make Vacuuming Easy With a Massive $500 Off the Eufy E25 Omni Robot Vacuum and Mop
If we could automate all of our daily chores, we probably would. We're not there yet, unfortunately, which means that we just have to settle for taking some of them away, like vacuuming. If you're looking to step into the world of robot vacuums, then we've got an exceptional deal for you today. Thanks to sale on Amazon right now, you can get your hands on the Eufy E25 Omni robot vacuum and mop for $700 as long as you use the code EUFYNEWE25 at checkout. That's a massive $500 off the normal price, so make sure you don't miss out on this if you like the look of it, because we don't know how long this discount will last. This impressive device boasts an absurdly high 20,000 Pa suction, which means it can easily handle things like pet hair, but is strong enough to help strip dust out of fabrics as well. It has 100% edge coverage to make sure you have less to do in the rare occasion you end up vacuuming too. Then there's the mop, which lets it easily clean up your hard floors as well. It even comes with a station that allows it to empty itself, wash itself and even refill the water reserve as well. Hey, did you know? CNET Deals texts are free, easy and save you money. Given how big the discount out, along with how much this robot vacuum and mop can do, this is easily one of the best vacuum deals right now. Sure, it's still a fair chunk of change, but the ability to just put your feet up when you'd normally be vacuuming or mopping is worth it. Why this deal matters A good robot vacuum is likely going to cost you a lot of money, and if you want one that can mop as well, that usually doubles. So, being able to get your hands on this one from Eufy while it's $500 off is a chance you shouldn't miss. Just don't forget to use the code EUFYNEWE25 for the full discount.
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an hour ago
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4th China-Africa Expo Kicks Off in Hunan, Drawing Global Participation
CHANGSHA, China, June 13, 2025 /PRNewswire/ -- A news report by The 4th China-Africa Economic and Trade Expo opened on Wednesday (June 12) in Changsha, the capital city of Central China's Hunan Province. Ugandan Prime Minister Robinah Nabbanja, Liberian Vice President Jeremiah Kpan Koung, and Kenyan Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs Musalia Mudavadi also attended the opening ceremony. Under the theme "China and Africa: Together Toward Modernization," the four-day event is the largest in the expo's history. It has drawn participants from 53 African nations, 11 international organizations, 27 Chinese provinces and municipalities, and over 4,700 Chinese and African enterprises, business associations, and financial institutions. Total registered attendance exceeds 30,000. This year's expo features a 100,000-square-meter exhibition area. It includes country pavilions from 26 African nations and promotion booths from 23 Chinese provinces and cities. The main venue is organized into six specialized pavilions and a central area, covering sectors like smart mining, clean energy, and modern agriculture. New highlights debut this year, including dedicated exhibitions for "African Quality Products" and the China-Africa Fashion Industry. These showcase premium African agricultural goods, food products, handicrafts, and Chinese electromechanical equipment. Satellite events include a pavilion at the permanent exhibition hall of the Gaoqiao Wholesale Market and an engineering machinery remanufacturing exhibition at the Central China International Machinery Park in Xiangtan. Running alongside the expo are 30 economic and trade events focused on implementing the China-Africa "10 partnership action plans" . These cover key cooperation areas such as: industrial chain collaboration, green mining, infrastructure development, traditional medicine, cultural trade, and youth innovation and entrepreneurship. The expo has already yielded significant results, with the signing of 175 cooperation projects related to the 10 partnership action plans. The total value of these projects amounts to $11.39 billion USD. View original content: SOURCE
