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Chinese internet giant Alibaba has teamed up with car manufacturer SAIC to set up Banma (Zebra in English) to develop China's first internet car RX5. The upgraded model available in October serves as a smart terminal allowing drivers to surf the internet for free while offering a number of user-friendly remote-control functions.

Chinese experts argued that the initiative is aimed at upgrading China's industrial and high-end manufacturing capability and it offers win-win results for Chinese and foreign companies.

Chinese bike-sharing giant Ofo Inc announced on Wednesday a new partnership agreement with Japanese technology firm SoftBank Commerce & Service Corp to expand its bike-sharing services in Japan.

Chinese investors should not be concerned about the border issue between the Republic of Ireland and Northern Ireland as a consequence of Brexit, as both the Irish and British governments are committed to the Good Friday Agreement, said an Irish cabinet minister.

Chinese brands from sectors like mobile games witnessed increasing awareness in Japan, while fast fashion brands like Zaful saw traction in markets like France and Spain, representing significant growth opportunities for Chinese companies wanting to expand into these markets, said Doreen Wang, global head of BrandZ at Kantar.