China on Thursday unveiled measures to further tap the country's residential consumption potential.
China has reassured private businesses of continued, equal and favorable policies compared with their state-owned counterparts as the private sector has become a significant part of the economy and a major source of market vitality.
Growing uncertainty triggered by escalating trade tensions and political risks would cloud global growth outlook, the Organization for Economic Cooperation and Development (OECD) warned on Thursday, expecting weaker economic performance for the 2018-19 period.
Alibaba chairman Jack Ma said efforts should be made to promote the healthy development of China-U.S. trade even though it is hard to fulfill his previous promise of creating 1 million jobs for the United States under current circumstances.
As the drumbeats of a trade war grew louder, a group of business leaders and executives met in a dusty Texas border city to discuss international trade and its future direction as the United States seems increasingly at odds with a number of nations.
U.S. computer software leader Adobe confirmed Thursday a 4.75 billion-U.S.-dollar deal to acquire Marketo Inc., a firm that focused on account-based marketing software aiming for expanded B2B marketing engagement.
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