China's Innovation Era

Bhaskar Chakravorti, senior associate dean of international business and finance at Tufts University, discusses President Xi's call to make China an innovation-driven economy and the industries where China is leading in innovation. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)

Alibaba Sales, Profit Top Estimates
49:10 - Alibaba closes at a record high in New York after reporting sales and earnings that topped analysts' estimates. Revenue jumped 56%, with profit nearly doubling in the June quarter. Bloomberg's Selina Wang reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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