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The partnership values Cruise at .5 billion, a figure exceeding some analyst targets and a triumph for GM, which was criticized for overpaying an estimated billion for the startup two years ago.

The people briefed on the plans said all countries affected by the tariffs would be invited to negotiate with the Trump administration to be exempted from the tariffs if they can address the threat their exports pose to U.S. manufacturers. The people said the exclusions for Canada and Mexico could be ended if talks to renegotiate NAFTA stall.

The outlook projections reignited fears that the global economy may be slowing down.

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The pact requires that 40-45 percent of cars eventually be made in countries that pay autoworkers at least an hour－that is, in the United States and Canada and not in Mexico. The deal was criticized by some business groups in Mexico.

The park Saturday signed an agreement with the China Conservation and Research Center for the Giant Panda on the breeding project.

The opening of Hainan Island shows China's initiative to further open up and promote economic globalization, Wang Shouwen, vice-minister of commerce, said at a news conference held in Beijing to introduce the general plan.

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The optimistic view is that Uber may be like Amazon.com in its early years. Stock-pickers once joked that Amazon sold dollars for 99 cents, driving revenue skyward but the bottom line — profit — would never catch up.

The other, is the sight of a petite German woman helping her Chinese colleagues to administer some of the Traditional Chinese Medicine (TCM) treatments.

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The pair learn about Chinese culture, like the zodiac animals and red envelopes, experience a traditional tea ceremony, and taste Chinese cuisine and beverages, including Moutai, during their Chinatown adventure.

The partnership with Alibaba is the latest move in BMW's digitalization. In October, it launched an app for its customers and fans in China, and unveiled its newly expanded research and development center in Munich, Germany, that will develop hardware and software for future vehicles.