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December, 8, 2016

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China > Business
Baidu maps out global expansion
Baidu Map, a desktop and mobile map service provided by China's online search giant Baidu Inc, is set to become a world mapping service provider covering more than 150 countries and regions.
 
Chinese startup launches landline phone with video calling features
A Chinese startup recently launched a smart telephone with optimized video call features that target both household and business sectors.
 
Powering the world, cleanly
Back in 2008, 'Three Gorges' had already become the world's biggest hydroelectric dam.
 
Mobile, intelligent and ready to fulfil people's daily needs
"Your Royal Highness, my name is Run. I have a gift for you, please push the 'open' button to receive your present."
 
Now, shopaholics double up as Ali's marketing squad
Meng Cuiyi spent almost $90,000 at Alibaba's online mall in the past year. The 33-year-old restaurateur buys pretty much everything there-Burberry apparel, La Mer skincare products, furniture, groceries and more.
 
Glassware gets boost from G20
This year's G20 Leaders Summit in Hangzhou not only brought more fame to its host city but also set the spotlight on the more remote county of Qixian, located in central Shanxi province.
 
High-level trade talks between the United States and China ended on Wednesday in Washington, with both sides saying much had been achieved in brokering a range of consensus and hammering out positive results.
 
Anbang boosts holding in major builder
Chinese insurance conglomerate Anbang Insurance Group has substantially boosted its holdings in China State Construction Engineering Corp, the country's biggest construction company, drawing regulatory attention to the purpose behind the move.
 
China's largest online travel agency Ctrip will buy British flight search app Skyscanner for US$1.7 billion, the companies said, as it steps up its overseas ambitions.
 
In ancient mythology, Chinese unicorns are lucky, rare creatures that appear to mark the arrival or death of a great leader, like Confucius. Today, China's tech unicorns-private companies valued at $1 billion or more-are far more commonplace and look increasingly cursed.
 
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