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"Chinese consumers have been really receptive to the product and its proposition. The reuse rate is extremely high. We see a robust market there owing to Chinese mothers' preference for safer and more premium baby formulas, the consumption upgrade and the universal second-child policy, that have helped to adopt and grow this new category and lead a new trend," he said.

"Chinese companies are emerging as economic powerhouses in a wide range of markets and, as we prove Kentucky to be a ready and willing business partner, that will mean even more jobs and foreign direct investment flowing into our state," said Kentucky Governor Matt Bevin, whose first visit to China was last November to attend the inaugural Chinese International Import Expo in Shanghai, visit the key Chinese investors' headquarters and meet potential investors in China.

"Chinese customers may know the two joint ventures, but have little knowledge of Hyundai as a group," Ryu said. "We have thought over the problem and made the decision to change."

"Considering the limited medical resources we have in this region, it is difficult for us to maintain and control the health of all the 630 people," Nakata said.

"China represents one of the largest opportunities for many of our clients and JP Morgan. It is a critical component of our growth plans, globally and in Asia. We have strong ambitions to strengthen our position in this very important market in order to better serve our clients and the local community."