20200302 China News
Source: | Author:eacham | Published time: 2020-03-02 | 1021 Views | Share:
China's key role in global supply and industrial chains will not be altered due to the temporary disruptions from the novel coronavirus epidemic, said officials and global business leaders.

Huawei Technologies Co said it plans to spend 200 million euros to build its first European manufacturing plant in France, after the Chinese tech giant secured votes of confidence from several European governments in 5G rollout plans.
 
China's key role in global supply and industrial chains will not be altered due to the temporary disruptions from the novel coronavirus epidemic, said officials and global business leaders.
 
Deleveraging efforts may slacken a bit this year due to credit support that has become necessary to offset the negative impact of the novel coronavirus outbreak on China's economic growth, officials and experts said on Thursday.
 
 Chinese authorities Tuesday defended their management measures on virtual private networks (VPN), saying the measures will have no negative impact on law abiding businesses and individuals.
 
Apple Inc CEO Tim Cook said that factories in China that manufacture the US tech giant's products are reopening, with the senior executives saying that "China is getting the coronavirus under control".
 
Chinese companies will manage to achieve reasonable growth in overseas markets in fields such as project development, manufacturing and services this year, despite the novel coronavirus pneumonia epidemic, said business leaders and officials.
 
China will remain one of the top investment destinations for global investors, as the impact of nationwide efforts in epidemic prevention is unfolding, an expert said.
 

Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham


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