Wednesday, 29th, 2017 | 12:57PM Updated

Abu Dhabi Company for Onshore Petroleum Operations
China's Oil Giant CNPC Seals $1.77 Billion Abu Dhabi Deal with ADNOC

China's largest oil and gas company, the China National Petroleum Corporation (CNPC) has signed a $1.77 billion deal with the Abu Dhabi National Oil Company (ADNOC), getting an eight percent share in the onshore oil concession in the United Arab Emirates.

President Obama awards Presidential Medal to Bill Gates and Melinda Gates
Bill Gates recommends to tax worker robots for workforce job losses

How to deal with the challenge of robots and automation that will impromptu lead to loss of jobs for many people? The answer is quite straightforward from Microsoft co-founder Bill Gates: tax the robots.

Alibaba Founder and Executive Chairman Jack Ma speaks during a press conference.
Alibaba's New Australian Branch Opens Opportunity to Make Australian Brands Known Worldwide Through Exports

The business development general manager of Alibaba Tmall, John O'Loghlen, announced that its newly launched Australian Office would build on the Chinese relationship that will put Australian brands spread worldwide.

If Ant Financial is successful in acquiring MoneyGram, the company will be able to bypass all the legal and regulatory work required in establishing Ma’s global payments business.
Alibaba's Ant Financial Services Invests in Kakao Corp's Payment Solutions

Ant Financial Services Group has agreed on a $200 million strategic investment in Kakao Pay, according to Ant and Kakao's joint announcement. This marks the third major investment of Ant Financial in the online payment sector within the last 12 months.

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Tianjin-Beijing Railway
China’s Next Growth Engine: Beijing-Hebei-Tianjin Integration to Boost Growth in Capital Region, Bohai Bay Area

China’s top economic planner is set to implement plans for the integrated development of Beijing, Hebei and Tianjin provinces, as part of a national strategy to create the next growth engine through a global city cluster, which is expected to push growth in the capital region and in the whole Bohai Bay area in the next decades.

Shoppers try out mobile devices at a Globe Telecom Inc. retail outlet in Manila, Philippines.
Alibaba's Ant Financial Invests in a Huge Telecommunications Company in the Philippines

Ant Financial Services Group, the financial arm of Alibaba Group Holdings, is making a strategic move as it invests to get a 45 percent stake in Globe Fintech Innovations Inc. to help accelerate financial inclusion in the Philippines.

Alibaba's Logistics Services
French Shipping Line CMA CGM Signs Up for Alibaba’s One Touch Services

French shipping line CMA CGM has signed a deal with Chinese e-commerce giant Alibaba on Tuesday, Feb. 14, joining Maersk line to help to provide online booking for shipment through Alibaba’s One Touch platform, according to an article by seatrade-maritime.com.

A chef prepares lobsters for a golf event in Nova Scotia.
China's Lobster Market: Alibaba’s Tmall Leverages on Emerging Huge Online Market for Imported Lobster

Alibaba is now selling lobsters from Nova Scotia on its e-commerce site as the Canadian province launched a pilot project to sell its best produce on Alibaba’s retail site Tmall, the Chronicle Herald reported.

Visitors look at smartphones at the Lenovo stand at the 2015 IFA consumer electronics and appliances trade fair on Sept. 4, 2015 in Berlin, Germany.
Lenovo Hires Ex-Samsung Exec to Head Mobile Unit in China

Lenovo Group has tapped a former Samsung executive to head the product strategy and management of its Mobile Business Group (MBG), China Tech News reported.

Zhou Qiang, president of China's Supreme People's Court, welcomes foreign ambassadors during the opening day of China's Supreme People's Court on Aug. 27, 2014 in Beijing, China.
Travel Ban? Not in US But in China: 6.7 Million Chinese Penalized for Not Repaying Debts

Almost 7 million Chinese debtors were banned from taking flights and high-speed trains in the past four years as a penalty for not repaying their debts, China’s Supreme Court announced.

A man holding an umbrella walks past a welcome sign for Yuhuang Shannan Fund Town in Hangzhou, China.
China’s Greenwich’s Village: Yuhuang Shannan a Big Hit for China’s Hedge Fund Managers

China has turned an ancient Song dynasty site into an exclusive enclave for its hedge fund managers, patterned after the famous Greenwich Village in Connecticut where Wall Street professionals, money managers and financial experts reside.

A French ski company estimated five to six million skiers in China which is still projected to go higher as the 2022 Winter Olympics approaches.
Chinese and French Companies Tie Up to Build Ski Resorts in China

European ski companies have seen an opportunity for expansion in China where winter sports are gaining popularity as anticipation to the 2022 Winter Olympics to be held in Beijing. On Thursday, two French firms who headed to China confirmed securing deals with Chinese companies to build ski resorts in the country, Reuters reported.

Chinese President Xi Jinping's Visit to Australia
Chinese Investors in Australia Play Down 'Chinese' Element to Ease Acquisition Concerns

Chinese companies keen to invest in Australia have taken on a new stance by playing down the "Chinese" element to assuage the concerns of people on Chinese acquisitions.

According to the government body that acts as China’s quality watchdog, over 40 percent of consumer goods available on e-commerce platforms last year were of subpar quality.
Along with China’s Thriving E-Commerce and Courier Industries Come the Persisting Problem of Packaging Wastes

The world has witnessed the booming of China’s e-commerce industry in the past years, and tagged along with it is the promising growth of the courier service sector. But with their major contributions in the Chinese economy also comes the inevitable problem in handling the packaging waste these industries have been generating.

Banner shows Xiaohongshu as a company that focuses on online community discussions.
Red Sets Itself Apart in E-commerce Market as It Focuses on Community Through User Sharing

While e-commerce giants Alibaba Group Holding Ltd., and JD.com Inc., have pushed hard on imported goods, Red plans to set itself apart with a special focus on the community through user sharing.

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