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February, 20, 2017

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China > Business
President: China shows what opening up can do
President Xi Jinping voiced support for open economies on Monday, a day ahead of his participation in the World Economic Forum in Davos, Switzerland, where some 3,000 influential political and business leaders will gather.
 
The head of China's sovereign wealth fund said on Monday that it is eyeing rich investment opportunities in the United States as president-elect Donald Trump plans to expand the nation's infrastructure programs.
 
Baidu unveils AR lab for new apps
Internet search provider Baidu Inc unveiled an augmented reality lab on Monday in Beijing to build smartphone-based AR applications.
 
Beijing's property market recorded a sluggish performance during the second week of this year, with new home prices down 8.63 percent from the previous week.
 
IMF ups China forecast — but with warning
The International Monetary Fund on Monday raised its growth forecast for China but warned rising debt that has prompted concern about the country's finances increase the risk of a sharper slowdown.
 
Digital economy invents new jobs
Gong Xiaopei, 21, looks a lot like a flight attendant, with a black suit, orange tie and a smile sweet enough to clearly communicate that she is eager to help.
 
Li vows to tackle potential economic risks
Premier Li Keqiang has pledged to implement more precise macroeconomic measures to tackle potential risks.
 
AIIB President Jin: Door will remain open for US to join
One year after opening with 57 charter members, the China-led Asian Infrastructure Investment Bank would still welcome the US to join its ranks, the bank's president Jin Liqun has said.
 
E-commerce powerhouse Alibaba Group Holdings Ltd announced on Monday the establishment of an anti-counterfeit alliance that will use big data technologies, its latest drive to stamp out fake goods.
 
Shanxi province, which has coal reserves accounting for a quarter of China's total, aims to update its coal mines while continuing to reduce capacity in 2017.
 
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