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"China's strong performance on the Midas List demonstrates that the country is continuing to produce a number of high-growth and highly-valued companies. While sometimes unknown in the US, these businesses can become globally significant, such as with Bytedance, the owner of popular app TikTok (known as Douyin in China), and they generate returns any venture capitalist would desire," added Konrad.
"China's traditional values and thinking, especially the spirit of poetry that celebrates romanticism, are well-received worldwide," he said.
"Corporations have the ability to shape human development as never before through strategic investments, corporate policies and dialogue with governments and civil society. And corporations have enhanced influence when people trust their brands, which is why brand trusting is very important," he said.
"China's AI talent (pool) is only half that of the United States, which may (hinder) future development of (the) AI industry (here)," a report from the Tencent Research Institute stated.
"Compared with the United States and Europe, whose online travel market is growing at 45 percent to 50 per-cent annually, we still have big growth potential," he said. "Therefore, the new policy is not a big threat to online travel agencies like ly.com."
