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It was unclear why the paper chose to mention Ma’s affiliation now but it comes amid a push by Beijing to bring the country’s private enterprises more in line with Party values, especially in the technology sector that has grown rapidly, driven by the successes of private firms. Ma, who announced in September he would step down as Alibaba chairman next year, is China’s highest-profile business leader. He has acted as an adviser to political leaders in Asia and Europe and fostered big ambitions in the United States.

He has driven Alibaba to become a $390 billion giant, which dominates China’s online retail market, stretches from logistics to social media, and has spawned a separate fintech empire around popular payment platform Alipay, Ma’s political affiliation came as a surprise to many, Results from domestic search engine Baidu Inc, when asked “is Jack Ma a Communist Party member”, also mostly said that he was not, Alibaba declined to comment on Ma’s prada cufflinks price Party membership, but said political ties did not impact the firm’s operations..

“Political affiliation of any executive does not influence the company’s business decision-making process,” a spokesperson said in emailed comments to Reuters on Tuesday. “We follow all laws and regulations in countries where we operate as we fulfil our mission of making it easier for people to do business anywhere in the digital era.”. The People’s Daily list also included Baidu head Robin Li and Tencent Holding Ltd chief Pony Ma, though did not name either of them as Party members. Baidu, Alibaba and Tencent together make up the “BAT” trio of China’s top tech firms.

BRUSSELS (Reuters) - The European Union called on Washington on Tuesday to start talking over ways of reforming the World Trade Organization to prevent a paralysis of the international body, The EU published proposals on Monday for reform of dispute settlement at the WTO that it has agreed prada cufflinks price with China, India and other countries, hoping to overcome U.S, objections voiced by President Donald Trump that have thrown the WTO into crisis, EU Trade Commissioner Cecilia Malmstrom said the bloc and Japan had tried in vain to introduce the topic in trilateral talks with the United States..

“Lots of countries in the world are backing this. So please come, sit down and talk to us. That they haven’t done so far. Will that happen? Who knows,” Malmstrom told reporters on the sidelines of a trade conference in Brussels. The WTO is scrambling to develop a plan for the biggest reform in its almost 24-year history after Trump brought the world’s top trade court to the brink of collapse by blocking appointments of its judges and threatening a U.S. withdrawal. The EU is caught between the competing interests of the United States and China, currently engaged in a multi-billion dollar tariff conflict.

Its trilateral talks with Japan and the United States have focused on a joint desire to change WTO rules to clamp down on market distortions, such as subsidies for state-owned firms and forced technology transfer, with China the clear target, “If we don’t reform this in the WTO - and we do not expect China to just sign on the dotted line here and agree, but to engage - there will be others setting a level playing field outside the WTO and I’m not sure that is beneficial for China or prada cufflinks price the rest of the world,” Malmstrom said..

Washington, said Malmstrom, was at least taking part in discussion on this aspect of WTO reform. “It is constructive. They are not pretending. I think they think it’s meaningful,” she said, adding that trying to force China to change through a trade war with massive tariffs would not work. Malmstrom expressed hope that the G20 summit in Argentina on Friday and Saturday, when Trump and Chinese President Xi Jinping are to meet, would ease global trade tensions. “It would be good for the whole world if they de-escalated a little bit,” she said.

STOCKHOLM (Reuters) - H&M HMB.ST, the world’s second-biggest fashion retailer, said on Tuesday it would close down its struggling independent brand Cheap Monday, H&M in 2008 bought Fabric Scandinavien AB, the owner of the Cheap Monday brand, whose trademark product is low-priced skinny jeans, and the store chains Weekday and Monki, Cheap Monday products are sold mainly through around 3,000 resellers world-wide, They are also sold through its prada cufflinks price own online store, a flagship store in London and on online marketplaces Asos (ASOS.L) and Zalando (ZALG.DE)..

 

 
 
 

 

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