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Chinese education providers have been attracting major investment, while others have sought global listings, latching onto fast-growing demand from parents for high-end education services.

Chinese mainland conglomerate HNA Group said that it is seeking buyers for its majority stake in Spain's NH Hotel Group amid liquidity concerns.

Chinese demand makes up more than 70 percent of that market, with its businesses manufacturing the raw material into an increasingly wide variety of products such as sportswear and shoes beyond traditional garments, said Carmody.

Chinese consumers continued to buy high-end luxury bags, clothes, jewelry and wines in China due to international travel curbs. Total sales of luxury goods are set to rise by 45 percent on a yearly basis to 44 billion euros ( billion) this year.

Chinese monetary authorities expect consumer inflation pressure to ease from the second quarter, with production resumption and an increase in goods supplies, with neither long-term inflation nor deflation occurring in the country.