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Changed landscape

Cao Zejun, vice-president of Huawei Technologies Co's China branch, said the country's IT industry still faces huge pressure, with domestic operating systems and chips having very low market share in the world.

Changsheng, a listed company at Shenzhen Stock Exchange, has also been put under investigation by China Securities Regulatory Commission for law violations and irregularities in information disclosure, the commission said on Monday. The company said in a statement on Monday that it faces risks of being delisted.

Changes in market expectations and uncertainties over the future economic environment also influenced the behavior of investors, who are very concerned about issues such as the development of the private economy and property rights protection.

Carr said it is significant for Canada to launch the liquefied natural gas (LNG) project. Shell along with investors from China and other partners have announced a C billion ( billion US) investment in the project. Much of the products will be shipped to Asia to displace coal fire power.