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January, 22, 2017

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China
Taiwan dismisses
The leader of Taiwan's delegation to the U.S. presidential inauguration dismissed as "small-minded" China's strong objections to his attendance Friday.
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Stealing spotlight with best sports cars
Luxury sports car brand McLaren has gone a long way from selling its first car in China four years ago to now generating a major chunk of its global sales from the country, riding on the keen interest in the marque shown by China's rapidly growing wealthy consumers.
 
CRRC eyes big overseas contracts
CRRC Corp, China's only maker of high-speed locomotives, is aiming to exceed its record high in overseas contracts this year, after clinching projects such as a $1.3 billion rail-car contract from Chicago's transport authorities in 2016.
 
China growth edges up in Q4, but '16 weakest year since 1990
China's economic growth sank to its lowest level in three decades in 2016 as Beijing braces for a trade battle with U.S. President-elect Donald Trump.
 
Sovereign fund banks on prospects in United States
China's sovereign fund China Investment Corp, which manages about $800 billion assets including $200 billion of overseas investments, is actively looking for investment opportunities in the US infrastructure and manufacturing sectors ...
 
Wealthy busier earning big bucks, spending it in 2016
China's wealthiest people have been busier earning big bucks, and more content to spend up big in 2016, according to the Hurun Report's latest findings released on Thursday.
 
Smartphone vendors pass rising costs to consumers
Chinese smartphone vendors are ratcheting up the prices of their products, as they wrestle with rising component costs and the mounting pressure to increase profits.
 
As Donald Trump prepares to take office as the 45th president of the United States Friday, Beijing will be watching closely amid fears a trade war could break out between the world's top two economies.
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Approved Taiwanese investment in China down sharply in 2016
The number of planned investments in China by Taiwanese companies that were approved by Taiwan's government in 2016 fell for the third consecutive year, slumping 21 percent year-on-year, the Investment Commission said Friday.
 
Trump urged not to treat Taiwan as bargaining chip
Incoming U.S. President Donald Trump should stand up to Beijing over Taiwan, bring the "one China" policy into the 21st century without risking war and not make Taiwan a bargaining chip in deals with China, a Wall Street Journal opinion piece said on Thursday, one day before Trump's inauguration.
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