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As President Donald Trump is taking a tough stance against China on trade, investors are keeping a close eye on China's holdings of US treasuries. But market analysts say China is unlikely to use dumping US treasuries as a tool for retaliation, as it would come at a heavy cost to both countries.

As a result, almost all of the households borrow money from other people if they cannot find workers and suppliers who are willing provide labor and materials on credit.

As digitalization has become part of people's daily lives in China, the company has also decided to establish a new department to further enhance digital sales, expand its presence on digital platforms and in data management to redefine how the brand relates to customers.

As a beneficiary of China's opening up, Vanguard received its RQFII status in China in 2015 and has so far committed over .2 billion to the A-share market, holding shares of over 1,800 listed companies.

As a key neighbor to both China and Pakistan, Afghanistan has a strong desire to improve its economy and public livelihood and become part of regional interconnectivity, Wang said.