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Analysts said if target retirement funds are offered to China's investors, the mutual fund industry as a whole would benefit as they add variety to market products. Such funds also are in investor interest and help investors understand the benefits of long-term investments.
Analysts from JPMorgan Chase & Co said in a report earlier this month that geopolitical tension between the two major economies could exert a negative impact on the growth of Chinese internet companies such as Alibaba, Tencent Holdings Ltd and NetEase Inc in the mid-to-longer term as they might encounter obstacles to international expansion.
And the company continues to expand its footprint in the West. Last year, Logicor invested 80 million euros in the completion of four new sites in Italy, Finland, Germany and Romania. Eight further projects are under way in Germany, Finland, the UK and Poland with a total projected cost of 79 million euros.
And the increasing expenditure goes to more sophisticated and experiential activities, according to a report by consultancy Oliver Wyman, which showcased that overall trip spending surged against a precarious drop dedicated to shopping when the Chinese travel overseas last year.
And Zhou Xiaoping, 60, a former art teacher from Hefei, Anhui province, did just that.
来源：资阳报