China Daily (Hong Kong)

Entreprene­urs showcase ideas

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Emerging entreprene­urs from China and Australia competed on Tuesday, showcasing their startup ideas at an event at the University of Technology in Sydney. The competitio­n, sponsored by the Beijing Overseas Talent Center and Zhongguanc­un Developmen­t Group, brought together aspiring innovators from many fields to compete for a chance to travel to Beijing and further develop their ideas. According to Wang Hongbo, the economic and commercial counselor at the consulate-general of China in Sydney, the event boosted national ties further. Wang said both nations had reached a very important stage where they were stepping up their cooperatio­n, and both government­s had committed to stronger ties. report. The paper and the Wall Street Journal cited unnamed sources that identified the five investors who demanded Kalanick’s resignatio­n as Benchmark, Menlo Ventures, First Round Capital, Lowercase Capital and Fidelity Investment­s. ment on Wednesday launched anti-dumping and countervai­ling duty investigat­ions against imports of fine denier polyester staple fiber from China, India, South Korea and Vietnam. The investigat­ions are a response to a request from three US-based producers of polyester staple fiber, the Commerce Department said in a statement. They alleged that producers in each of these four countries were dumping fine denier polyester staple fiber in the US market with margins ranging from 21.43 percent to 103.06 percent. Henry Rotich in his opening remarks, noted that green financing had gained traction in Africa in line with the continent’s quest to accelerate low carbon use and expand its inclusive developmen­t.

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