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China's baby milk sector is still trying to recover from a loss of confidence caused by a safety scandal 10 years ago, as Li Hongyang reports.

China would own more than 40 percent, the largest share among those markets, it said.

China's Ministry of Finance announced on Wednesday it will start the bidding for 5 billion yuan (0 million) in yuan-denominated treasury bonds on July 5, and the bonds will be issued in Hong Kong in the near future.

China's appetite for high-tech goods is growing when other countries are cutting back.

China's A-share market was the highest performing stock market in the world in 2019, rising 31 percent compared to 22.3 percent for the US' S&P 500 index, 8.5 percent for the UK's FTSE 100 and 11.5 percent for Japan's Topix index－though, of course, past performance does not promise future performance in any of these markets. And, the A-share market suffered large losses in 2018. The huge 2019 rise in the A-share market is especially impressive in the face of trade frictions with the US.