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April 25, 2017

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70 year old caps off six major events with London Marathon finish
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China
Xi, Trump to meet in Florida on April 6-7
President Donald Trump will meet with his Chinese counterpart Xi Jinping for the first time on April 6-7 at Trump's Florida resort, China's foreign ministry announced Thursday, amid a range of pressing issues from trade, to North Korea and territorial claims in the South China Sea.
 
Social networks 'not a way out of trouble' for Alipay
In traditional Chinese culture, one undergoes a 12-year cycle to reach his or her zodiac year of birth. In order to appease the God of Age, people are advised to pay special attention to avoid misfortune in their life every 12 years.
 
Shares related to Fosun Group, one of China's biggest private companies and owner of Club Med, slumped Thursday after a turbulent week in which it announced a profit surge but also the resignation of its CEO and co-founder.
 
HK activist jailed over Umbrella protest
A Hong Kong democracy activist was jailed Thursday over Umbrella Movement mass protests while nine more campaigners face charges, as fears grow that freedoms are under threat in the semi-autonomous city.
 
Profits slowing among big banks
Chinese banks will continue to experience profitability and asset quality pressures this year, analysts said on Wednesday.
 
International Data Group-the US-based owner of PC World magazine as well as market researcher IDC-said on Wednesday that it will expand its business portfolio and its foray into big data and the mobile internet sectors ...
 
Fosun CEO resigns as new team named
Fosun International Ltd announced a senior management shake-up alongside its annual results in Hong Kong on Wednesday, following resignations of two top executives on Tuesday.
 
Video surveillance supplier launches new products
Ezviz, an online service platform that provides video surveillance products and solutions to families and small and micro-businesses in China, unveiled a series of new intelligent security products in Beijing on Tuesday.
 
American Airlines buys stake in China Southern for $200m
China Southern Airlines Co signed an agreement on Tuesday to sell a minority stake to American Airlines Group Inc for $200 million, in a deal which links top carriers in the Asian and US markets.
 
Unigroup gets funds to boost chip drive
Beijing-based chip company Tsinghua Unigroup Ltd signed deals on Tuesday that would grant it up to 150 billion yuan ($21.8 billion) in financing, enabling it to champion the country's efforts to develop homegrown chips.
 
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