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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm in Robotics, Pharma
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Trump-Xi Summit Delayed, USG Rebuilding Leverage, and House Sounds China Alarm in Robotics, Pharma

President Donald Trump on Tuesday confirmed that his state visit to China, originally scheduled for the end of March, would be pushed back by “five to six weeks.” China has not confirmed a new timeframe and said it is in communication with the United States on the visit. While the delay means there’s more time to develop deliverables, it also injects uncertainty in the bilateral relationship.

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China Debuts First Large Passenger Jet Amid Growing Competition, Demand

China Debuts First Large Passenger Jet Amid Growing Competition, Demand

Shuang Shan Commercial Aircraft Corp. of China Ltd (COMAC) unveiled the prototype of C919, China’s first large passenger jet, at a hangar near Shanghai Pudong Airport on Monday. China’s first narrow-body, twin-engine passenger jet can carry up to 174 passengers, can fly up to 3,451 miles, and has already received 517 orders from 21 customers. […]

China Business Review (Archive Only) Shuang Shan
Hotel Bidding Could See Largest Takeover of a US Company by Chinese Counterpart

Hotel Bidding Could See Largest Takeover of a US Company by Chinese Counterpart

Shuang Shan Three Chinese companies have expressed interest in bidding for Starwood Hotel & Resort Worldwide, a deal that would mark the largest Chinese acquisition of US company ever. Shanghai Jin Jiang International Hotels (Group) Company Ltd, HNA Group, and China Investment Corporation (CIC) each submitted a proposal to Beijing over the past two months […]

China Business Review (Archive Only) Shuang Shan
Major Chinese Travel Agencies Agree to $5.9 Billion Share Swap

Major Chinese Travel Agencies Agree to $5.9 Billion Share Swap

Shuang Shan Baidu Inc.—the majority shareholder of Qunar Cayman Island Ltd—agreed to swap shares worth nearly $5.9 billion with Ctrip.com International Ltd in exchange for a 25 percent stake in Ctrip.com. At the completion of the deal that was revealed on Monday, Ctrip will hold a 45 percent voting interest in Qunar, and Qunar and […]

China Business Review (Archive Only) Shuang Shan

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