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Delivering a key note at the two-day Middle East Investment Summit 2017 organised by UK research firm Terrapinn which started today, Mobius said "China's population has a 22 percent world share in internet usage, its young tech-savvy population and the fast expanding tech-firms like e-commerce giant Alibaba Group are only two factors why we are bullish for China."
Despite fast and dramatic changes in the industry, Yuan said there are things that have remained and will remain the same at Volvo. "Our focus is on people," Yuan said. "No matter how Volvo changes and how big we get, the focus on people is the very core of our business, which is also a starting point of sustainable development."
Despite China being the world's most populous market, it doesn't offer easy entry for foreign retailers and brands if they cannot meet consumers' demand. The past two years have seen the full retreat of United States department store chain Macy's, and Britain's Marks and Spencer from China.
Despite global easing of fundraising and investment as a whole, China saw a 49-percent jump in PE and VC investment last year, according to a recent report from PwC.
Delivery firms jumping on bandwagon with smaller portions and free transport
来源：资阳报