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By the end of June, the RMB's share in global payments stood at 1.76 percent, making it the world's fifth most important payment currency.

CDRs are certificates that are traded on mainland bourses but represent a pool of shares listed on bourses outside the mainland, offering a convenient and low-cost way for red-chip companies to list at home.

By day, Yang, 35, is a physical education teacher. But as night falls, he hunches over a huge computer screen and prepares for six hours of story writing, sipping coffee to power him through the solitary shift.

By prolonging the violent demonstrations against a bill to amend the extradition law, which has already been withdrawn, and questioning China's sovereignty over the Hong Kong Special Administrative Region, they have not only jeopardized the SAR's economy but also tarnished the image of Hong Kong as a global financial and shipping hub, and in the process also harmed themselves.

By the end of 2017, Lifan had 15,000 employees and 23 plants, including seven in countries such as Russia, Vietnam, Ethiopia and Uruguay. Its products have been sold in 140 countries and regions.