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Gaw's interest comes as a marketing survey by hotel data firm STR shows that nearly 16,000 new hotel rooms will join the total inventory in New York, which already is at an all-time high of more than 115,000 rooms. Hotels in New York face greater competition from that new supply and the omnipresence of Airbnb, the online accommodations-sharing marketplace.

Generally, the growth and development of fintech has intensified in terms of customer behavior, as people are now more willing to seek digital banking services, rather than going to physical banks to handle financial matters, Ngai said.

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Ghosh is a quality control manager from Bangladesh footwear giant Papella. He represents his company, purchasing footwear supplies in Jinjiang, eastern China's Fujian province. For more than ten years, Papella bought raw materials from China and made shoes in Bangladesh.

Global corporate venture capital activity surged in 2018, both in terms of deals and total funding, according to CB Insights. Tech giants including Microsoft, Google, Intel, Qualcomm, and others have their own VC arms.

General Motors said the restart of component and assembly plants in North America has "gone smoothly".

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Given the prospects for stable economic expansion, Lyu estimated that sales of construction machinery in China would grow 10 percent year-on-year in 2018, slower than the previous year.

Gerrick Johnson, an analyst at BMO Capital Markets, had estimated that holiday sales at the company's North America stores were down more than 10 percent. He attributed much of the decline to people's confusion around the bankruptcy filing and a fear of buying gifts at Toys R Us because they thought they wouldn't be able to return them if needed. Johnson also blamed a weak marketing campaign and email promotions that didn't create a sense of urgency.

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German companies are welcome to continue sharing benefits brought by an opening Chinese market and Germany is expected to create a fair and open environment for Chinese companies to invest in the country and other European nations, he said.

Gasoline and diesel prices rose 3.9 percent and 3.6 percent respectively month on month, and prices of car repair and maintenance added 5.1 percent.