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"Central and local government borrowing is beginning to reach its limits, so this is probably the right way to go. His message on quantitative easing will also perhaps alleviate some market concerns."
"China over the last 20 years built very strong infrastructure. I cannot see any country around the world who can match up with that. Especially when you talk about the toy industry. Whatever spare part I need for my products, I find a supplier (there)," said Peter Handstein, founder and CEO of Hape Group, told Xinhua at the 2020 North American International Toy Fair in New York City.
"China is an important market for (the parent company) LG Group," said Son, noting the group's annual sales in China reached 250 billion won (1 million) in 2018.
"But there is still a question of whether such regulations can be successfully implemented, especially in some privately owned companies," said Professor Qiu Zeqi, director of the Center for Sociological Research and Development Studies of Peking University.
"China is rapidly globalizing its industries by encouraging its higher-value-adding industries, such as power generation, construction equipment, and telecommunications systems, to supply overseas projects in the Belt and Road Initiative and to invest in foreign market operations," it said.
来源：资阳报