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Claes Svedberg, president of Volvo China Investment Co Ltd, said seven of the top 10 busiest ports in the world are located in China, offering big potential for the use of self-driving trucks.

Clearly, Boeing liked what they saw in Calhoun and named him to the board of directors in 2009. On Dec 23, 2019, Boeing named him CEO.

Climbers remove trash from Mount Qomolangma in the Tibet autonomous region last spring. [Photo provided to China Daily]

Clearly, Jingye's announcement, therefore, is not some sort of short-term "cash and grab", asset-stripping maneuver. Nor should the diversified nature of Jingye's products and services necessarily set off alarms.

Chinese smartphone makers Huawei, Xiaomi and Oppo have occupied three positions among a ranking of the world's top five largest smartphone vendors by shipments in the third quarter of this year, according to a recent report from the market consultancy Gartner on Monday.