Morgan Stanley and UBS Group AG have reportedly engaged in discussions about increasing their holdings in their China securities business, reflecting growing confidence in joint ventures in the Chinese mainland, according to a Bloomberg report.
Waymo, the autonomous car unit of Google holding company Alphabet Inc, will begin test-driving self-driving Chrysler Pacifica minivans later this month on public roads in Arizona and California, CEO John Krafcik said.
Baidu Inc and Beijing Automotive Group Co's collaboration on telematics and autonomous driving is almost ready for its coming-out moment, as industry and government join hands to push for self-driving vehicles in China.
The Boao Forum For Asia Annual Conference 2017 - themed "Globalization & Free Trade: The Asian Perspectives" - is putting intense effort into championing a more inclusive globalization process through cooperation and dialogue, according to its organizer.
Sales of yachts are down due to slowing economic growth and the government's austerity policies, but yacht clubs have found a new way to generate income: boat rentals.
Industry insiders have realized that support from capital markets will be key to the restructuring and reinvigoration of the Chinese yacht industry.
When around 2,000 enthusiastic Chinese app-developers gathered for Google Inc's annual conference for their ilk in Beijing in December, they didn't allow sub-zero winter chills to dampen their enthusiasm for the event.
Chen Bo, a 37-year-old software developer with Beijing-based Cheetah Mobile, remembers clearly how isolated and closed China's software environment was in 2010. That was a time when the mobile internet revolution was taking hold of the world's most populous country.
Huawei, a Chinese tech giant, is adding Amazon's artificial intelligence application Alexa to its flagship smartphone for its US launch.
In April last year, Ecuador in South America was struck by a massive 7.8-magnitude earthquake that killed about 700 people, injured 5,000 others and rendered 80,000 homeless. It was widely reported that casualties could have been higher but for the multipurpose Chinese security technology that doubled up as an alarm telephone line during the quake aftermath.
China's factories and services both closed out 2016 on relatively robust notes that signal growth is strong enough for policymakers to keep pushing for economic reforms this year.
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Raymond Zhou
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Chen Weihua
