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Back in the 1980s, Chinese people, who were just getting a taste for the good life, were very creative in sniffing out the snacks they liked, which in turn created enormous business opportunities.

Battery storage power plants, which can effectively address power shortage during peak hours, have also been in operation in Shanghai and Guangdong, according to Liu.

Baidu said in a statement the transaction is subject to certain closing conditions and is expected to be completed in the fourth quarter of this year. Upon completion of the transaction, Baidu will hold super voting rights in SLG and is expected to continue to consolidate the financial results of SLG as a majority shareholder.

Baltimore, Maryland

Back on land, the Latin American country is also scouting for larger opportunities in its wool trade with China. The tiny nation has exported over 5 million worth of wool and its derivatives. The prospect of larger trade with China looks promising.