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February, 25, 2017

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China
UBS chief sees brighter prospects for 2017
When it comes to risk assessments, Axel Weber, chairman of UBS Group AG, is among the few who have been able to see things from both a regulatory and business perspective.
 
Airbus bullish on demand for widebody planes
Air China and Sichuan Airlines will be the first batch of mainland customers to take delivery this year of the A350-a new widebody aircraft produced by Airbus Group SE ...
 
More reforms in pipeline for SOEs
China will prioritize and accelerate the restructuring of steel, coal and power businesses in its major State-owned enterprises to improve operational efficiency and enhance the profitability of State assets, the top State-owned assets regulator said on Wednesday.
 
Appliance makers advised to harness price rises to fund change
Home appliance manufacturers should utilize the latest round of price increases for technological innovation and promote their shift toward high-end products, analysts said on Thursday.
 
China's Recon buys $100M majority stake in Millennium Films
China's footprint in Hollywood is expanding following a wire and cable maker's purchase of a controlling stake in independent studio Millennium Films, which produced "Rambo" and "The Expendables."
 
Chinese-made speaker dares Amazon, Google
Dingdong A1, a made-in-China voice-activated smart home speaker brand, is squaring up to the Amazon Echo and the Google Home.
 
Smart voice tech dawns
Imagine this: you ask "someone" around you to book a hotel room in a nearby suburb. And then the person not only makes the reservation for you but reminds you to pack more clothes due to the low temperature there. Isn't that sweet and warm?
 
China plans to beef up its nuclear power sector in 2017, kicking off construction of eight reactors this year with installed capacity totaling 9.9 gigawatts, the National Energy Administration said.
 
Helped by a robust service sector, China is expected to see 6.64 percent economic growth this year, but the sluggish private sector might influence the overall outlook, according to a report released by Xiamen University on Wednesday.
 
Bao Bao's in China
A worker feeds U.S.-born giant panda Bao Bao as she arrived at the Chengdu Panda Breeding Research Center in Chengdu on Wednesday, Feb. 22. Bao Bao started settling into her new home Thursday in southwest China, where she will eventually join a breeding program.
 
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