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Eleven Chinese banks manage eight trillion yuan in private banking
Eleven prominent A-share Chinese banks managed over eight trillion yuan of assets for their private banking customers by the end of June this year.
U.S. existing home sales remain flat in August
U.S. Existing-home sales remained steady in August after four straight months of decline at a seasonally adjusted rate of 5.34 million.
Tariff on US LNG may reshuffle global market
China's tariff on exports of US liquefied natural gas could price the United States out of the Chinese market.
Alibaba sets up new chip subsidiary
Alibaba Group Holding Ltd announced the establishment of a dedicated chip subsidiary that aims to create customized artificial intelligence chips.
Shanghai to set up multi-billion-dollar fund to develop AI
Shanghai will launch a fund of about 100 billion yuan (about 14.6 billion U.S. dollars) for developing the Artificial Intelligence (AI) industry.
China's power consumption up 8.8% in August
China's power consumption, a gauge of economic activity, climbed a faster pace at 8.8 percent in August, data showed Tuesday.
Alibaba Cloud's City Brain solution improves urban management in Hangzhou
Alibaba Group's cloud computing arm, Alibaba Cloud, on Wednesday launched the 2.0 version of the ET City Brain system.
KPMG partner with Alibaba Cloud to help digital transformation of business
KPMG International and Alibaba Cloud form a global alliance to provide digital transformation to businesses of all sizes
China to invest multi-billion dollars to develop digital economy
China will invest 100 billion yuan (about 14.6 billion U.S. dollars) for developing the digital economy in the next five years.
Auto industry outlook hinge on China sales holding up under tariff pressure
The outlook for the global auto industry over the next 12-18 months remains stable so far, thanks in part to rising sales in China, India and Europe.
Wind-turbine maker Vestas to upgrade IKEA's wind turbine fleet
Danish wind-turbine giant Vestas will optimize furniture retailer IKEA Group's 316 megawatt global fleet of Vestas turbines.
Innotrans railway trade fair opens in Berlin, highlighting digitalization
The bi-annual "Innotrans" railway industry trade fair, the largest of its kind in the world, opened on Tuesday in Berlin.
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Feature: Tourism rejuvenates old Silk Road town