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China is now the second-largest market for L'Oreal. With 25 brands, it has been one of the largest players in the country's beauty products market.

China is becoming an increasingly important overseas market for the United Kingdom's serviced apartment sector, with some of the operators seeing bookings from Chinese guests surging as much as 50 percent during the last 12 months, according to a trade body.

China has taken great strides since 2013 in environmental protection, with effective air pollution and other controls put in place, and it is working to bring its best practices to the world, the regional head of a UN development agency said.

China is already Ethiopia's largest trading partner, with trade volume between the two nations reaching .15 billion in 2015, while exhibiting an average growth of 22.2 percent in the last several years.

China is one of Fonterra's largest global markets, accounting for NZ.4 billion (.47 billion) of Fonterra's sales revenue and a normalized earnings contribution of greater than NZ0 million in fiscal year 2017. Its business in China includes ingredients, food services, farms and the partnership with Beingmate.