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Xi Jinping

Alibaba Plans Up to $5 Billion Bond Sale

Alibaba Group Holding Ltd. plans to sell billions of dollars of bonds, in what will be a test of investor appetite after the e-commerce giant’s recent run-ins with Chinese authorities.

In a brief statement late Tuesday, Alibaba said it planned to issue dollar debt, including some bonds to fund sustainability-related projects, subject to market conditions. It said the deal’s total size hadn’t been fixed, nor had the bonds’ maturities, interest rates or other terms.

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Trump, Xi eye G20 talks after ‘very good’ phone call

APRNEWS - US President Donald Trump said Thursday he had “very good” talks with Chinese leader Xi Jinping on the trade conflict between the two economic giants, and meetings were being planned at the G20 summit at the end of this month.

The phone call comes as tensions between the world’s two biggest economies are rising on several fronts, including commerce and security.

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China’s president holds talks with UAE officials

APRNEWS - China’s President Xi Jinping held talks Friday with top UAE leaders on ways of bolstering bilateral relations on the second day of a visit ahead of a three-nation Africa tour.

Xi met UAE Vice President Sheikh Mohamed bin Rashed al-Maktoum, who is also ruler of Dubai, and Crown Prince Sheikh Mohamed bin Zayed Al-Nahyan in Abu Dhabi, the crown price said.

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