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And the company made it clear that it’s only getting started — telling shareholders that it will spend billion in the current quarter on initiatives related to COVID-19.
An urban air mobility (UAM) project is expected to make the Chinese innovation hub, renowned for its "Shenzhen speed", even faster.
And, despite ongoing tensions, the total value of imports and exports rebounded sharply in March, reaching 9.6 percent higher than March 2018. So, overall trade grew by 3.7 percent year-on-year in the quarter despite low growth rates in January and February. Exports of electrical and mechanical products, which are higher value added, grew by 5.4 percent in the quarter. And, private sector trade grew 9.9 percent, far more than the overall growth rate.
And radio remains a significant force in China. "A lot of people in China still listen to the radio, particularly when they are on the road," said Lai. "It remains not just an important tastemaker, but also a possible new revenue stream to tap there."
And, of course, the uncertainties over U.S.-China relations under the Trump administration are ever present for those working with companies on both sides of the Great Wall. If China figures out a more direct way to place tariffs on cloud computing, or if young Chinese technology workers educated by U.S. universities decide to come back home in greater numbers than they currently do, the competitive balance could shift even faster.
来源：资阳报