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Chinese brands themselves are getting involved in fiercer competition.
Chinese investment bank China International Capital Corporation has sealed an agreement to acquire a majority stake in US asset management firm Krane Funds Advisors.

Chinese mainland exports to Taiwan region were .73 billion, up 8.11 percent year-on-year, while Chinese mainland imports from Taiwan region reached 1.2 billion, up 10.6 percent year-on-year.
Chinese and US aluminum industries are complementary and aluminum trade between the two countries is two-way. The new move has overlooked the interests of American consumers and employment in the processing industry, hurting both Chinese and US interests by artificially impeding the normal order of bilateral aluminum trade.
Chinese poet Xu Zhimo (1897-1931) [Photo provided to China Daily]
来源:资阳报