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Analysts said the stake sale of Gree Electric is part of the country's push to pare down government ownership in highly competitive industries such as home appliances.

And Heptio CTO Joe Beda, one of the architects of the popular open-source container-orchestration project Kubernetes, weighed in with a thread summing up his early thoughts on Firecracker.

And even as the region is gradually lifting lockdown measures, industry players expect consumers to continue to use mobile payment options.

Analysts have highlighted the need for private and foreign capital to boost investment as local governments, facing a funding gap of trillions of yuan, look for ways to spur big construction projects.

And as the world grapples with the deadly novel coronavirus pandemic that essentially keeps people indoors, sucks the life out of physical stores and disrupts normal marketing campaigns, livestreaming in China is also helping affected areas revive business and expedite the digital transformation of several sectors and transactions.