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Top China Communist Officials Rush To Prove Loyalty To Xi Jinping Ahead Of Crucial Event
Monday, June 27, 2022 - 8:44am | 432In the final run-up to 20th Party Congress, Senior Communist Party officials in China are lavishing praise on President Xi Jinping, using words such as “beacon,” “compass,” and “fulcrum” to refer to his status. The acclaim comes months ahead of the important...
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Why China Slashed Jack Ma's Ant IPO Hopes, Experts Explain
Thursday, November 5, 2020 - 6:07am | 626Alibaba Group Holding Ltd (NYSE: BABA)-owned Ant Group’s initial public offering may have been scuttled by Beijing due to its "disinclination to allow entrepreneurs out of their lane," Duncan Clark, author of "Alibaba: The House that Jack Ma Built" told the...
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Bob Iger On Shanghai: Greatest Opportunity For Disney Since Walt Bought Land In Florida
Wednesday, June 15, 2016 - 10:31am | 330Walt Disney Co (NYSE: DIS) will open its multi-billion dollar theme park in Shanghai, China, and will face stiff competition from Wanda Group, the country's largest private property developer that plans on opening 15 to 20 of their own theme parks across the country. Putting aside the...
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China's President, Asian CEOs Soften Long-Term Growth Expectations
Tuesday, November 3, 2015 - 10:10am | 572China's ruling party said on Tuesday it expects to grow the economy by 6.5 percent per annum from 2016 to 2020 as part of its new five-year outlook. As part of China's five-year plan ending in 2015, the ruling party set a growth target of 7 percent per annum. Separately, a global...