E-commerce giant Alibaba Group Holding Ltd is making Beijing its second headquarters in China to gain a stronger foothold in the country's northern areas.
"I think this is a nice proposal, but I don't expect cooperation to deepen anytime soon. There are too many controversies between the countries for both sides to begin cooperation in earnest."
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An advocate for prevention and treatment of HIV/AIDS as well as tobacco control, first lady Peng Liyuan made her first appearance during President Xi Jinping's state visit to the United States by exploring cutting-edge medical research addressing these health issues at an institute in Seattle.
Chinese President Xi Jinping arrived in Washington Thursday to meet with his US counterpart Barack Obama and other US political leaders as part of his first state visit to the United States.
Hershey is interested in China for its long-term growth potential-it has a growing middle class, rising urbanization, and low per capita consumption for products like chocolate.
The United States is expected to be the second-largest destination for Chinese outbound mergers and acquisitions this year, with high-tech companies being the most-sought-after targets.
Leaders of major Chinese Internet companies said on Wednesday that they are ready to cooperate with their US counterparts to meet challenges together, including cyberattacks and exploring business opportunities.
President Xi Jinping, addressing CEOs from 30 leading companies on Wednesday, said that China was taking steps to make its markets more accessible.
Mutual trust, less suspicion and more candid talk should be the ingredients to help China and the United States seek common ground and solve difficult problems when it comes to the Internet, said industry players, government officials and scholars at the US-China Internet Industry Forum on Wednesday in Redmond, Washington.
President Xi Jinping's speech in Seattle on Tuesday was widely applauded by opinion leaders in the United States.
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