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Chinese consumers will continue to drive global luxury purchases, buying nearly 50 percent of luxury goods worldwide by 2025 as the country has been leading the global recovery of the COVID-19-hit high-end products' market, said an industry report.
Chinese airlines are predicted to purchase 7,240 airplanes valued at .1 trillion over the next 20 years, according to Boeing's annual China Current Market Outlook released in Beijing on Wednesday.
Chinese regulators will take over Anbang Insurance Group Co, a private insurance conglomerate, as its former chairman Wu Xiaohui has been prosecuted for economic crimes, the China Insurance Regulatory Commission said on Friday.
Chinese e-commerce giant Alibaba also sees India as a promising market. Alibaba and its affiliate Ant Financial hold a minority stake in its India peer Paytm after two rounds of investment in 2015.
Chinese core market is in the driver's seat to build on company's success of last few years and power group to new records in current year
来源：资阳报