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Banks are no longer the only source of NPAs for AMCs. Now China Orient also deals with the reorganization of individual problematic projects, crisis-hit companies and risky financial institutions. Its business includes both spot and forward NPA transactions.

BYD, China's new-energy vehicle giant turned coronavirus warrior, said it expects to export 1 billion protective masks by the end of May, as it has added production lines to meet a surge in global demand.

Backed by sustained economic growth and ample foreign exchange reserves, the government does not have strong needs for external financing, the ministry said on its website.

BUDAPEST - As the first European country to sign a cooperation document with China on the Belt and Road Initiative (BRI), Hungary's economic ties with China have prospered in recent years.

Bao Ye, head of Buick sales and marketing department at SAIC GM, said 40 percent of Chinese grandparents take care of their grandchildren, but more often than not they will be absent from family trips because of limited seat space.