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Unicom chairman not invited to China congress

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BEIJING — Chairman and Chief Executive Wang Xiaochu of China Unicom, one of three major state-controlled telecom operators, has failed to qualify as a representative at the ruling Communist Party’s key congress, held every five…

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China IPO Qudian Opens With a Bang

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A Chinese consumer micor0-lender called Qudian (QU) jumped more than 30% Wednesday on its first day of trading in the United States. The shares were priced at $24, according to Reuters, and were recently trading…

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