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Combining old and new, the coastal city of Qingdao in East China's Shandong Province is this year's host to the 18th SCO Summit in June.

Company to improve product design, R&D, accelerate localization process

Compared with imports from the West that boast advanced industrial chains, Chinese products are probably the only affordable, user-friendly choice for Indian consumers, owing to the fact that China and India are the world's two largest emerging economies. Beijing also has the need to transfer some of its excessive capacity; and India is among the most suitable destinations. The bilateral trade ties may be subject to turbulence if the boycott gets out of hand.

Commerzbank says it settles around 30 percent of Germany's foreign trade business.

Communication with other countries is also needed before launching new policies or introducing creative monetary policy tools, and “the PBOC has good communication mechanisms with other central banks including the US Federal Reserve and the European Central Bank”, Sun said.