Editor's Note: China's top leaders wrapped up the three-day Central Economic Work Conference on Dec 16.
Chinese companies will likely continue to be a major driver of cross-border mergers and acquisitions this year, but their outbound investment activities may grow at a slower rate as a result of the rising number of political and economic uncertainties internationally, according to analysts.
In a time of global economic downturn, changing geopolitical patterns and economic uncertainty, globalization is encountering difficulties and the world economy is suffering in the confusion.
Whether it's a small company or young entrepreneurs with little business experience, more people will be able to conduct trade across the world in a way they could only have dreamed about. That's if China's e-commerce giant Alibaba Group Holding Ltd has its way.
Editor's note: The World Economic Forum is held in Davos, Switzerland from Jan 17 to 20. The prospects of the Chinese economy and how it will intertwine with the global economy against the backdrop of increasing uncertainties are among the topics discussed at the forum. We interviewed 18 chief executives from leading multinational companies to share their outlook on China as well as their corporate strategies in 2017. China Daily has published three full-page special reports of the executives' views this week.
A United Nations report said Asia's economic outlook for this year is strong, despite slowing global growth due to sluggish international trade and investment.
Two decades after they were spurred into action to tackle AIDS in Africa, global drugmakers said on Wednesday that they would invest $50 million over three years to fight cancer and other non-communicable diseases in poor countries.
US movie star Matt Damon used Davos to drum up support for his charity, Water, on Tuesday, after getting a new multimillion-dollar commitment from Belgian brewer Stella Artois.
Nguyen Thi Thanh Loan grew up on a small plot of land in rural Vietnam, with just enough food to eat, few new clothes and no disposable income.
Finance executives said they are preparing for the worst on Brexit after Prime Minister Theresa May said on Tuesday that the United Kingdom will quit the European Union's single market.
Editor's note: The World Economic Forum, which began on Jan 17 in Davos, Switzerland, will go on until Jan 20. It is focusing attention on the prospects for the Chinese economy and how it will intertwine with global finances against the backdrop of increasing uncertainties. China Daily has interviewed 18 chief executives of leading multinational companies to know their outlook for China as well as their corporate strategies for 2017. This is the second of the three full-page special reports. The final installment will appear in Thursday's edition.
Potential trade disputes between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in Davos.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
