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"DME owns over 80 percent of the market share in craft beer equipment manufacturing in North America and is a company with high reputation," said Yang. "CIMC Enric, despite its former acquisitions in global beer equipment business, lacks market presence in North America."

"Farmers in Iowa know far too well that the trade war has caused real financial pain in the heartland," Grassley said in a statement. "But we need to know more about this deal, and follow-through from China will be key."

"Education firms' funding rounds have become fewer this year, but the average funds raised in a single funding round have risen," said Chai Mingyi, associate vice-president of New Oriental Education and Technology Group.

"Despite the uncertainties that affect China's economic growth, supportive policies including tax cuts, State-owned enterprise reform and policies bolstering the private sector will provide long-term momentum for the economy, and we expect GDP as well as power consumption this year will continuously retain medium-to-high speed growth," he said.

"Development of the Greater Bay Area should be a key priority when making government bond plans," said Cao Jiajia, deputy director of the government debt management office of the budget department at the Ministry of Finance.