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David Dollar, a senior fellow at the John L. Thornton China Center of the Brookings Institution, said BRI is a global effort on China's part to fund infrastructure investment. He said currently most projects are undertaken by Chinese companies, so "there are not a lot of business opportunities for US firms".

Dahl, who is 73 now, was older at the time than most of those being hired to change the way we shop. Amazon was attracted to her extensive experience and reputation as a book buyer. After being found by a headhunter, she was asked to submit information that included her high school SAT scores.

Data from the China Passenger Car Association (CPCA) revealed sales of the domestically manufactured Tesla Model 3 reached 11,095 in May, taking the crown on the list of single-month sales of new energy vehicles in China.

Data from the association also showed that recovery of foot traffic is slower in Central China's Hubei province, once hit hard by the COVID-19 epidemic, compared to regions in northern and eastern China.

Deepening cooperation with TCL Corp will help Xiaomi Corp to expand its product portfolio in the field of home appliances, as TCL can offer competitive advantages related to supply chains and the semiconductor display sector, industry insiders said.