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Chinese and Austrian national flags flutter on lampposts in front of the Tian'anmen Rostrum during the visit of Austrian President Alexander Van der Bellen in Beijing, China, April 7, 2018. [Photo/IC]
Chinese financial assets, especially currency and government bond markets, emerged from the pandemic with "characteristics of a safe haven," said Nakhjavani, noting the relative stability of yuan, continuous rise of foreign demand for government bonds and more capital inflows into Chinese stock markets.
Chinese economy is on a transition to one more driven by consumption and service sector as increasingly affluent Chinese are looking for quality of life. In a speech to the Summer Davos Forum last June in Tianjin, Premier Li Keqiang said the five "happiness industries" of tourism, culture, sports, health and old-age care are rapidly growing in China.
Chinese companies never had it so good in M&A as they did last year. They spent 2.5 billion, almost 3.5 times that of 2015, to merge with, or acquire, companies overseas in 920 deals, up 142.1 percent from 2015, according to accounting firm PricewaterhouseCoopers.
Chinese builders completed construction on the 832.2-meter-long Yuanjiang Super Railway Bridge, spanning the V-shaped Honghe River Canyon in Southwest China's Yunnan province.
来源：资阳报