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Chinese interest in the J&J unit comes as the market for diabetes care in China is expected to grow rapidly. Almost one in three of the world’s diabetes sufferers lives in China, according to World Health Organization estimates.
Chinese lenders bought 8.3 billion worth of foreign currencies and sold 7.6 billion worth last month, resulting in net sales of .4 billion, the State Administration of Foreign Exchange (SAFE) said in a statement.
Chinese property developers enjoyed a bumper year in 2016 due to strong sales and easing monetary policies, but runaway housing prices have prompted government cooling measures from October last year.
Chinese and New Zealand exporters will benefit from the more convenient trade rules after the two countries upgraded their free trade agreement, China's Ministry of Commerce said on Monday.
Chinese brands that are exploring overseas markets can gain more exposure and get closer to their global consumers through sponsoring major global sport events, he said.
来源：资阳报