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Chinese currency appreciated to its highest level in more than three months as the US dollar index weakened on the first trading day of 2018, indicating the market's expectation of stable economic growth and confidence in financing deleveraging efforts.
Chinese Vice-Premier Han Zheng meets with ExxonMobil chairman and CEO Darren Woods on Thursday. [Photo/Xinhua]
Chinese companies accounted for 15 percent of those included on the BrandZ rankings, lower than their 24 percent on the 2018 Fortune Global 500 list.
Chinese entrepreneurs have faced difficulties for their businesses over the past 12 months given the slump of the A-share market and the 6 percent drop in the Chinese yuan against the US dollar. The benchmark Shanghai Composite Index shed 25 percent last year, according to Shanghai-based market tracker Wind Info. This has resulted in the fact that 212 Chinese billionaires dropped out of the global rich list this year, said Hoogewerf.
Chinese mobile game-maker Tuyoo Game is eyeing a bigger market at home and abroad after a robust year in 2018, said the company's founder.
来源：资阳报