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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

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Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
China

China’s CCTV Launches Global “Soft Power” Media Network to Extend Influence

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December 31, 2016, 10:01 AM ET
Beijing,CCTV tower and construction site
Beijing's CCTV tower with construction site in front, ChinaMartin Puddy—Getty Images

China Central Television (CCTV), Beijing’s largest TV network, said it would launch a new global media platform on New Year’s Day to help re-brand China overseas.

The new multilingual operation will have six TV channels and a new media agency, the network said on its website on Friday night. Its CCTV News channel will be rebranded the China Global Television Network, it added.

China Ushers Foreign Investors Over to Its Financial Sector

China has launched a number of “soft power” initiatives to expand its influence abroad, including other English-language media outlets.

Chinese President Xi Jinping urged the new network to “tell China stories well,” the official Xinhua news agency reported on Saturday.

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