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Chinese regulators took control of Anbang Insurance Group, a private Chinese conglomerate best known for acquiring the Waldorf Astoria hotel in New York, on Friday as its former chairman, Wu Xiaohui, is being prosecuted for economic crimes.

Chinese investors have injected funds into a United Kingdom-based startup that develops smartphone screens that allow users to text underwater.

Chinese companies will still be tempted by investment opportunities in the United Kingdom, despite the uncertainty of Brexit, experts said.

Chinese artificial intelligence unicorn UBTech Robotics has inked a deal worth 2.4 million to step up AI teaching labs for students in the United Arab Emirates, marking another big push in its efforts to go global.

Chinese e-commerce giant JD, which first launched the June 18 shopping carnival, reported that its sales during the 18-day period reached a staggering 269.2 billion yuan ( billion), an increase of 33.6 percent compared with 201.5 billion yuan a year ago, as buyers swarmed the e-commerce giant's online bazaars.