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As reported by Financial Times, Tillerson said that while the US was "not attempting to keep Chinese investment dollars out of Africa", governments could lose control of infrastructure and resources if projects went wrong. China is investing billions of dollars every year into infrastructure initiatives.

As things stand, they are still set to be phased out at the end of 2020.

As temperatures rise in North China, bright colors appear on the surface of Salt Lake in Yuncheng, Shanxi province. [Photo provided to chinadaily.com.cn]

As the launch of a new generation of iPhone approaches, an industrial chain surrounding the new product has emerged, with market players in supporting industries stretching their resources to try for a piece of the pie.

As per the report, there were more than 900 million online shoppers in 2019. Total transaction volume of e-commerce reached 34.81 trillion yuan (.98 trillion), among these, retail sales stood at 10.63 trillion yuan, up 16.5 percent year-on-year. Online retail sales of physical commodities registered 8.52 trillion yuan in 2019, rising to 20.7 percent of the total retail sales of consumer goods.