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Chinese home appliance manufacturers are shifting to smart strategies at an accelerated pace, applying artificial intelligence, cloud computing and big data to boost the transformation and upgrading of products.

Chinese actress Zhang Ziyi attends a promotional event for domestic real estate enterprise in Hefei city, East China's Anhui province, November 18, 2017. [Photo/IC]

Chinese investments are welcomed as they bring exactly what Italy needs most - infrastructure.

Chinese financial regulators took control of Anbang Insurance in February, after its former chairman Wu Xiaohui was prosecuted for economic crimes. Wu stood trial in Shanghai last week on charges of fraudulently raising 65.25 billion yuan and embezzlement. No verdict was given after the trial.

Chinese law enforcement offices have ascertained the whereabouts of 365 of the fugitives, mostly corrupt officials.