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Chinese companies accounted for 129 of the world's 500 largest corporations by revenue, according to the list published on Monday, exceeding the US, at 121, for the first time since the rankings began in 1990.

Chinese laws have rules against securities-related crimes, "but they sometimes lack details that make it hard for judges to solve new securities problems, such as those receiving illicit gains by using undisclosed investment-related messages," Li said.

Chinese companies invested a little more than 0 million into Germany, compared with the billion they did in 2018. The United Kingdom overtook Germany to become the top M&A destination in Europe for Chinese businesses in the first six months of this year.

Chinese internet search giant Baidu Inc officially opened Apollo Go Robotaxi, its self-driving taxi service, to the public in Beijing, becoming the first company to carry passengers in autonomous vehicles in the capital.

Chinese mobile payment giant Alipay has quickly grown its United Kingdom presence in the lead-up to Chinese shoppers flocking to Britain for the ongoing Golden Week holiday.