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"By turning non-negotiable banker's acceptances into active BAs for payment, CZBank minimized our company's needs for private financing, thus reducing our debt ratio and financial leverage," said Cai Xiaofang, finance director of SPC.
"China is not in its bones a nation state but a civilization state. China has always had to accept a great deal of diversity across the country. Nation states such as in the West, where there is much greater homogeneity, would not be able to tolerate that difference," he said.
"China has over 4,000 EPC (projects) abroad, with over 100 of them involving the power business," said Zhang Jinquan, head of ABB China's power grids division.
"China is key to our future growth as it currently represents a quarter of our portfolio. The opening of Fraser Place Binhai Tianjin is significant as it underlines our ambitions to grow our presence in China," said Choe Peng Sum, CEO of Frasers Hospitality.
"COVID-19 control and prevention in Beijing will probably become a long-term effort," Xu said at a news conference on Sunday.
来源：资阳报