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Chinese actor Lu Han dressed in red poses for the fashion magazine. [Photo/Official Weibo account of Our Street Style]
Chinese firms have been involved in a number of overseas acquisition deals for foreign chip companies. But such deals, including a bid by Tsinghua Unigroup to acquire US chip group Micron Technology Inc, have been blocked by US regulators in recent years.
Chinese beer brewing giant Tsingtao began expanding one of its mega factories on Tuesday in Qingdao, Shandong province. The new brewery will be the largest in Asia, with an annual production capacity of 1 million kiloliters. It is expected to be completed by the end of June.
Chinese enterprises and their peers in developed countries complement each other with broad prospects for cooperation in infrastructure, energy, environmental protection and finance, according to EY, a company that provides advisory, assurance and tax services.
Chinese policymakers understand the problems with investments of low efficiency, which come at the cost of a sharp rise in the debt of local governments and State-owned enterprises. "Instead, they are adopting a different style of fiscal stimulus: tax cuts, for both households and corporations," said Zhu Haibin, JPMorgan chief China economist and head of China equity strategy.
来源：资阳报