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China's economy is slowing and this can be seen at the company level as well. But despite the downbeat macro sentiment and further concerns over the trade spat with the United States, some bright spots in recent company earnings reports suggest that discerning investors can still cherry-pick interesting opportunities.
China's nonmanufacturing PMI stayed unchanged from the previous month and stood at 54.3 in May, registering the fifth month in a row with a reading of above 54.
China's early recovery from the COVID-19 pandemic, the rebounding consumption levels and efficient production resumption have helped global companies in China to remain viable and profitable compared with other parts of the world, said Julien Hueber, executive vice-president of Industry Solution and Project Business Group at Nexans, a French cable manufacturer.
China's interest in British research into the material was highlighted by President Xi Jinping's visit to the National Graphene Institute in Manchester during his 2015 state visit to the UK.
China's civil aviation regulator signed two landmark aviation agreements with the European Union on Monday to boost their cooperation and competitiveness in the aeronautical sector and enhance overall EU-China aviation relations.
来源：资阳报