The United States' labeling of China as a currency manipulator is unlikely to compel the International Monetary Fund to intervene, as it concluded recently that China's currency practices are in line with its economic fundamentals, according to experts.
Advanced technologies including 3D printing, 5G and artificial intelligence will become an inevitable trend of China's health industry whose market value will reach 20 trillion yuan ($2.84 trillion) by 2030, an industry expert said.
United Kingdom-based Herbert Smith Freehills said on Wednesday that it has become the sixth international law firm to be given approval to operate in the Shanghai Pilot Free Trade Zone after joining hands with Shanghai-based Kewei Law Firm.
Riding on the Belt and Road Initiative (BRI), Hong Kong-based enterprises are keenly eying investment opportunities in both Kenya and Djibouti.
Four years ago, US-based global management consulting company Oliver Wyman launched an aggressive expansion into the Chinese market, including the manufacturing, aviation and energy sectors, with a particular focus on retail and consumer goods.
Japanese biopharmaceutical company Takeda Pharmaceutical Co Ltd completed the purchase of Shire Plc in January, making rare diseases another key business area in addition to oncology, gastroenterology, and neuroscience among others in the company's global business blueprint.
China needs to continue on its set course, run its own affairs well and maintain economic resilience to respond to the United States' extreme pressure, experts said on Wednesday.
Technology companies from China and the United States are betting big on the digital payment market in India, as the country looks to ramp up cashless transactions and more people switch to digital payments, industry insiders said.
Trade disputes between China and the US have prompted Chinese companies to be more internationalized by building diversified sales networks, new innovation and manufacturing facilities across the world, especially in economies related to the Belt and Road Initiative, said executives from global consulting firm Deloitte.
Global index complier MSCI Inc has confirmed that it will increase the weighting of China's large-cap A shares in its global benchmarks in August as scheduled, which analysts said may usher in more than $20 billion worth of fresh foreign capital into the A-share market.
Colombia's cattle and pork breeders are cautiously optimistic they will soon be able to export their products to China to take advantage of rising pork prices following Colombian President Ivan Duque Marquez's state visit to Beijing in late July.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
