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2018-5-27 13:9:57
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ǻɵȰûѼ۸øһЩлͮ˵InternationalDataGrouptheUS-basedownerofPCWorldmagazineaswellasmarketresearcherIDCsaidonWednesdaythatitwillexpanditsbusinessportfolioanditsforayintobigdataandthemobileinternetsectors,afteritwasacquiredbyaconsortiummadeupofChinaOceanwideHoldingsGroupCoandChina-basedIDGCapital.TheconsortiumcompletedtheacquisitionoftheBoston-basedgroupthismonth,butdeclinedtorevealthetransactionvalue.Insidersindicatedtheamountwasbetween$500millionand$1billion."ThemoveisexpectedtocementIDG'spositionasaleaderinthemediasector,"saidLiuBing,newpresidentofIDGandvice-presidentofChinaOceanwide.HesaidheexpectedthatIDG'scutting-edgefinancialservicescouldridethetideoftheChinesegovernment'sstrategytoboostthebigdatasectorandmobileinternet.KirkCampbell,presidentandCEOofIDGdataservicesunitIDC,saidIDCwouldbenefitfromOceanwide'sfinancialsupporttoboostitsresearchonstate-of-the-artrobotics,theinternetofthingsandnext-generationsecurity.Hesaidhewastargetingsalesgrowthofupto10percentthisyearforIDC.MichaelFriedeuberg,CEOofIDGCommunications,saidheexpectssubstantialgrowthinrevenueandsaiditsoperationsinsocialmedia,digitalandmobilemediawouldbenefitfromastrongcapitalinjectionfromOceanwide.IDGholdsupto600exhibitionsayeararoundtheworld.Oceanwide,whichstartedasapropertydeveloper,saiditwillprovidevenuesforIDG'sexhibitionservicesandhelpmovemoreofthemtoChina.Tohelpcopewiththechallengesfacingfuturegrowth,LiuBingsaidOceanwidewouldgiveIDG'smanagementfullautonomyandwouldnotalteritscurrentbusinessstructure.XuLiang,apartneratMAspecialistlawfirmHoganLovells,saidcurrentlymanyChinesecompanieslikeOceanwidehadsufficientcapitalandwerekeenlyinterestedinacquisitionsabroad.Hesaidthatwhiletheycouldgivethemanagementoftheacquiredcompaniesfullautonomy,theyshouldbepreparedtoimplementrestructuringwherenecessaryandtakeoverfullcontrolinthefuture.Againstthebackdropofrelativelyweakglobaleconomicgrowthandmuchchallengedglobalgovernance,theDonaldTrumpadministrationintheUnitedStateshassetan"exclusive"economicagendaof"AmericaFirst"and"MakeAmericaGreatAgain".Thesupposedoppositiontofreetradeandthusglobalizationbytheworld'sbiggesteconomycouldalteritsrelationshipswithChina,AustraliaandNewZealand,andchangethewayinternationalinstitutionsfunction.Besides,theEuropeanUnionisfacedwithuncertainties,especiallyonthepoliticalfront.AndtheUnitedKingdomofficiallystartedthe"Brexit"processonWednesday,castingashadowovertheleadershipandgovernanceoftheEuropeanUnion.Ontheotherhand,AustraliaandNewZealand,likeChina,aretryingtointensifyreforms,whichshouldmotivatethemtodeepentheircooperationwithChina,achampionoffreer,moreinclusivetradeandanimportanttradepartnerofAsia-Pacificeconomies.ThetradevolumebetweenChinaandAustralialastyearwas$107.8billion,almosttriplethatbetweenAustraliaandtheUS.TheChina-AustraliaFTA,whichcameintoeffectin2015butwillbefullyfunctionalin2019hastakenbilateraltradeandinvestmenttonewheights.AsbothsidesbegintoenjoythedividendsoftheFTA,theyshouldalsowelcometheideaofacceleratingtheconstructionofafreetradezone.Inkedin2008,theChina-NewZealandFTAwasthefirstFTAdealChinasignedwitha"Western"developednation.Ithasledtoanannualincreaseofatleast15percentinbilateraltrade,addingfreshmomentumtotheircomprehensivestrategicpartnership.AndChinaandNewZealandwillstarttalkstoupgradetheirfreetradeagreement,whichcoversservicetrade,e-commerceandagriculturalcooperation.ThetwocountriesonLi'sitinerarywerealsoveryimportantpointsonthe21stCenturyMaritimeSilkRoad,whichisonepartoftheChina-ledBeltandRoadInitiative.ThefocusoftheBeltandRoadInitiative,proposedbyPresidentXiJinpingin2013,isinfrastructure-basedconnectivity,whichhappenstobeinlinewiththedomesticambitionsofAustraliaandNewZealand.Canberraissuedaplanin2015fordevelopingNorthAustraliainthenexttwodecades,andlastyearitreleaseda15-yearplanforimprovinginfrastructurenationwide.Wellington's2015infrastructureplan,too,containslong-termgoalssuchasattractingmoreinvestmentandstreamliningmanagementandfeasibilityresearch.Inthiscontext,thetwocountrieshaveeveryreasontoparticipateintheBeltandRoadprogramsandworkcloselywithChina,whichhasarichexperienceofexecutinginfrastructureprojectsoverseas.SoLi'svisitisatimelyboostforthecountries'cooperationontheinitiative.TheauthorisaresearcherattheNationalInstituteofInternationalStrategyoftheChineseAcademyofSocialSciences.

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