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China is definitely the driving force in Straumann's Asia Pacific market due to its huge emerging middle class and increasing dental care and oral beauty awareness among the public, according to Patrick Loh, head of the company's APAC. China now accounts for more than 65 percent of the company's Asian Pacific business.
China is financing the construction of another hydro power plant along River Nile in northern Uganda. The .4 billion Karuma Power Plant, is the first underground power plant in the east African region.
China is the largest trading partner of Cambodia, Myanmar, Vietnam and Thailand and the second largest of Laos. Bilateral trade between China and the five riparian countries totaled 220 billion dollars in 2017, up 16 percent year on year.
China is moving toward an economy boosted by consumer spending, innovation and services, reducing reliance on investment and exports of low value-added goods and narrowing the income gap between urban and rural dwellers.
China has pledged to push further ahead with the exploration and production of gas hydrate in the Shenhu area of the South China Sea, following its success in mining gas hydrate in the region.