The western world pays too much attention to China's stock market and needs to focus on the country's attempt to increase the role of consumer spending and services in its economy, two money-management professionals told an audience on Tuesday.
Sino-US United MetLife Insurance sees the Internet and rise of online social network platforms as a major engine to drive its business in the rapidly evolving Chinese insurance market.
US Trade Representative Michael Froman said Tuesday that substantial progress has been made on the bilateral investment treaty (BIT) between China and the United States, but there is "substantial distance" to go in reaching an agreement during Chinese President Xi's Jinping's visit.
China and the US are serious about business, and that was on display Tuesday in Seattle.
Fifteen Chinese CEOs will join the US-China Business Roundtable today in Seattle, during President Xi Jinping's state visit to the US.
In a report published this month, the agency listed 10 favorite destinations of Chinese tourists in the US.
Chinese tourists and students have contributed to the US economy.
Chinese President Xi Jinping is due to arrive in the United States for an official visit, where he will be welcomed with a 21-gun salute on the White House lawn and a state dinner.
Chinese companies will need to adapt to the US way of doing business and the speed of aligning with US partners.
China changes at such a rapid pace, so Coca-Cola is literally learning and adapting every day.
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