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Compared with short-term assistance, ASA said it wants "long-term answers to the pinch of tariffs — or seeing the tariffs rescinded".
Concerns over regulatory tightening have weighed on the financial market, with the benchmark Shanghai Composite Index having shed more than 6 percent since mid-April.
Competition between Alibaba and Amazon is fierce. In late 2016, Amazon expanded its Prime membership program to China, directly going after Alibaba’s core customer base.
Compared with the United States and European countries such as the UK, France and Italy, the domestic market is still dominated by baijiu, a Chinese traditional liquor, which contributed about 60 to 70 percent to the whole alcohol market of up to 900 billion yuan (2 billion).
Commenting on the US using state power to suppress Chinese company Huawei, Garcia said the restriction the US adopts on Chinese high-tech companies will harm all humanity, because the digital revolution across the world will bring benefits to all humanity, and what the world needs is opening-up and cooperation, not competition and restriction.
来源：资阳报