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But Europe continued to attract the highest dollar amounts, with .9 billion of transactions conducted by Chinese buyers in the region, while the deal value in the US dropped to .2 billion from .5 billion in 2017 and .4 billion in 2016, according to PwC.

But international brands still score better among customers on comfort, prestige, and technology and it will be some time before Chinese brands are able to position themselves realistically as luxury alternatives.

But it quickly drew just as much criticism over privacy concerns. Users will need to agree to clauses that allow the company to use their original photos, synthesized photos and videos for free and for good on a global scale.

But Romney’s comments got even weirder — as you can see in The Daily Show clip below — when he compared President Barack Obama to a pay phone. “President Obama’s strategy is a pay phone strategy, and we are in a smartphone world,” said Romney as he held up what appeared to be an iPhone.

But Ding said the company plans to increase the number of its outlets in malls and department stores from the the current 35 percent to 50 percent.