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January, 22, 2017

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China > Business
Thomas Cook is targeting China's Man U supporters
Leading UK travel agent Thomas Cook, which invented the holiday travel package back in the 19th century, has formed a joint venture with Chinese investment conglomerate Fosun International to tap into English Premier League soccer club Manchester United's vast fan base in China.
 
Chinese funding fuels world cinema
Cash-rich Chinese investors are increasingly visible on the international screen.
 
Some factories violated anti-smog laws: Beijing
China's environmental ministry said Tuesday that an unspecified number of companies had violated measures meant to reduce smog during a period of particularly noxious pollution in the country.
 
Fund aims to be a long-term investor
China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek opportunities under the Belt and Road Initiative, its top executive said.
 
A Chinese-led consortium has successfully bid to buy a 40 percent strategic stake in Karachi-based Pakistan Stock Exchange (PSX), according to an announcement of the Shanghai Stock Exchange (SSE). This is the first time for a Chinese bourse to acquire shares of a foreign stock exchange.
 
China called invulnerable to trade war
Country has prepared in recent years amid economic reform and building of stability, officials say
 
Profit growth key for Huawei
Huawei Technologies Co Ltd's renewed focus on profits in 2017 signals a shift in its smartphone business, as the Chinese tech group seeks to outcompete Apple Inc in the premium handset sector, analysts said on Monday.
 
China is the world's second-largest economy and has one of the fastest growth rates of any G-20 nation, but its stock markets have been among the worst performing in the world this year.
 
Taiwan's glorious Oolong tea merchants aim for mainland
Around 200 years ago, Hsu Chien-fu's ancestors from Hsinchu in northwest Taiwan were among the first to plant tea in the island's fertile soil.
 
Steve LaValle, the former chief scientist for Oculus who's now a professor at the University of Illinois at Urbana-Champaign, said on his Facebook page that he will join Huawei as the chief scientist of VR/AR/MR, in charge of global research and product development.
 
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