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"Does that mean that a global recession is around the corner? No. But the risk of a sharp decline in global growth has certainly increased," she said.

"Daimler is pleased to announce that with Li Shufu it could win another long-term orientated shareholder, which is convinced by Daimler's innovation strength, the strategy and the future potential," the carmaker said in a press statement.

"Encouraged by the tangible progress the local government has made to improve the business environment, such as lower tax rate and electricity price, fewer restrictions on business registration, we are confident of our market performance this year," said Su Qiang, Hsu Fu Chi's CEO in an interview with Xinhua.

"Expanding to small and medium-sized cities and gaining more lower-tier markets are of strategic value and significance to both Dada-JD Daojia and merchants on the platform," said Philip Kuai, founder and CEO of Dada-JD Daojia.

"Domestically, accumulative structural problems remain quite serious while some enterprises, especially small and medium-sized and private companies, still face many challenges in maintaining their operations," she said.