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Carl Pei, the 29-year-old founder of OnePlus, shrugged off any concerns that US consumer sentiment would be affected by the China-US trade dispute. "At the end of the day, all you can control is your own product."

Changan is not alone. In the past few years, many Chinese carmakers including both State-owned and private companies are exploring their way out of the cheaper-model segment to seize a larger share in the market.

Chefs prepare meals in a restaurant kitchen in Shanghai for takeout delivery to nearby companies and employees. [Photo/Xinhua]

Carrying forward the spirit of the previous Media Leaders Roundtable, those at the media summit are discussing how Asian media organizations can work together to transcend cultural differences and create a new era of cooperation and growth through interconnectivity and innovative development.

Ceyla Pazarbasioglu, World Bank vice president for equitable growth, finance and Institutions, said in a press release that "while almost every economy faces headwinds, the poorest countries face the most daunting challenges because of fragility, geographic isolation, and entrenched poverty."