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Chinese giants aim to gain advantage in expansion of ultra-fast technology
Chinese authorities have pledged to continue a prudent and neutral monetary policy and properly deal with the relationship between stabilizing growth, deleveraging and strengthening regulatory control. [Photo/VCG]
Chinese investment totaled .8 billion between January and May. In the first half of this year, acquisitions and greenfield investments from China are projected to see a year-on-year drop of more than 90 percent to the lowest level in seven years, according to a report released on Wednesday by Rhodium Group, a New York-based research firm.
Chinese firms previously relied heavily on imports for high-end display products, such as curved and foldable screens.
Chinese government's efforts in tech innovation and achievements of Chinese companies such as Alibaba and Tencent form the reasons for China to top the list, according to Sophia Patsikas, lead researcher at Expert Market, as reported by Forbes.
