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"China's capital market continues to evolve in a very positive and dramatic fashion, and the launch of the new board will provide many innovative companies an avenue to raise fund, thus propelling future growth," Brendan Ahern, chief investment officer at New York-based Krane Funds Advisors, told Xinhua in a recent interview.
"Chinese petitions comprise about 5-10 percent of the H-1B pool, which is a distant second to India, which comprises approximately three quarters of all petitions mostly for tech jobs," New York-based immigration attorney Jae Lee said in an email.
"Considering China's domestic situation, which is at a different stage of the economic cycle compared with the US, China now should not tighten (the monetary policy), but may moderately ease under some circumstances," said Yu Yongding, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, who served on the Monetary Policy Committee of the People's Bank of China from 2004 to 2006.
"China will further ease market access, implement just and fair supervision, guarantee fair competition of different ownership subjects, and work to create an open, transparent, stable and expectable market and law environment for domestic and foreign enterprises as well as all kinds of talent."
"China's gifting culture is also different from other markets. In China, a lot of products we sell are used for gifts. This is not a big trend in the Western markets, where more products are for personal use, so we have adjusted our portfolio to fit Chinese consumers in these areas," he said.