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China has become one of the fastest growing markets for American Express. The number of its Chinese clients and the transaction value have increased substantially over the past four years, Keung said without offering the market data.

China has initiated a new round of Skynet operations to track down fugitives suspected of economic crimes and confiscate their ill-gotten assets, according to the National Supervisory Commission.

China has loosened up market access for foreign banks that want to invest in domestic lenders.

China has engaged with Kenya on many consultation mechanisms, including those involving politics, the economy and trade, and security. The two countries have also concluded a number of new agreements such as the Avoidance of Double Taxation and Mutual Legal Assistance agreements as well as other memorandums of understanding.

China has long been known as a global information technology manufacturing powerhouse, but an interesting shift has been going on within the nation for years, that many have failed to notice.