The "wrong" actions of the United States on Taiwan, its South China Sea patrols and deployment of an advanced anti-missile system in South Korea have had a large, negative influence on military trust, a senior Chinese officer said on Thursday. Fan Changlong, a vice chairman of China's powerful Central Military Commission, told Joseph Dunford, chairman of the U.S. Joint Chiefs of Staff, that mutual trust mechanisms between the two militaries had continued to improve, China's defense ministry said.
Alibaba, China's top e-commerce firm, beat analyst's estimates with a 56 percent rise in first-quarter revenue, driven by growth in online sales which make up most of its business. Thursday's results show that Alibaba Group Holding Ltd , one of Asia's most valuable companies, is benefiting from more and more Chinese buying an increasing proportion of everything from food to clothing to luxury items online. Alibaba's stock is up by over 81 percent this year, lifted by steady increases in revenue for its commerce business and strong growth in its cloud computing and entertainment units, even as investments in offline stores are yet to pay off.
Peace with North Korea is a "possibility", America's most senior uniformed officer said Thursday, but warned the US has "credible, viable military options" for dealing with the errant regime. General Joe Dunford, the chairman of the US joint chiefs of staff, also told reporters during his visit to Beijing that the US has no plans to "dial back" military exercises with South Korea, which have angered both China and North Korea. Dunford made the remarks on the last day of a trip to China that included a visit on Wednesday to a northern military zone near China's border with North Korea.
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