Quotable

Based on the regulations in China, business operators need to file an application on their merger deal if their revenues reach a certain amount."

Shen Danyang, spokesman for the Ministry of Commerce, which said on Aug 17 that it was entitled to investigate whether the merger between Didi Chuxing and the China unit of Uber Technologies Inc would create a monopoly.

"Startup electric vehicle companies usually can offer a higher salary than traditional automakers. You can get good rewards from stock holdings in such companies."

Ronan Lu, a marketing professional who left Toyota Motor Corp to join LeEco's auto division in Beijing last month. More than 200 Chinese companies are developing 4,000 models of new energy vehicles and unveiling prototypes at motor shows and home electronics expos.

"With the development of the maternal and baby market, and the policy opportunities such as the second-child policy, this market will become a blue ocean market for e-commerce platforms."

Shi Jianjun, vice-president of Amazon China. Stimulated by China's two-child policy, e-commerce platforms and baby product companies are looking to tap the booming market, which particularly favors brands from the United States and Europe.

(China Daily Africa Weekly 08/19/2016 page24)