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Chinese consumers are taking a more "nuanced view" of global versus local brands. Chinese brands have become credible competitors, especially in the categories of personal digital gadgets and personal care, the report said.
Chinese e-commerce giant JD is starting to cultivate key opinion leaders (KOLs) to build up its strength in the field of e-commerce, according to a report by technology media 36kr.
Chinese companies made eight overseas deals totaling more than .5 billion in the first half of this year, compared with nine investments for all of last year, said the report.
Chinese customers are enthusiastic about such services as well, as shown by a Roland Berger survey that found that 71 percent of respondents are willing to pay more for better mobility services in China.
Chinese financial institutions offered support to help Sri Lanka resolve the shortage of funds for the project and later worked to readjust the allocation of assets according to Sri Lanka's wish, Lu said.