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"CATL will provide localized services with a local team in Sweden for localized battery supply services and more efficient communications," the battery giant, based in Ningde, Fujian province, said.
"Buying appropriate Christmas gifts is also a difficult annual task for Westerners," he said. "And with the concept of a market economy getting into more and more Chinese minds, bigger and thicker red packets are just something that come naturally. After all, it's easier for people to measure the value of the gift if it comes in cash."
"China is such a big market that there is room for everyone," said Roberto Coronel Kronfle, of Industrial Pesquera Santa Priscila, an Ecuadorian shrimp company.
"China also needs to accumulate more technologies and practical solutions to produce batteries for electric vehicles in a cheaper way and handle old batteries in a sustainable way," he said.
"China Life's latest investment is a typical example of Chinese insurers going abroad to optimize their asset allocations," said Hao Yansu, director of the school of insurance at the Central University of Finance and Economics.
来源：资阳报