Zhu Yinan, chief legal officer and a partner at DealGlobe, a China cross-border specialist investment bank, said Alipay and UnionPay are predominantly serving the Chinese outbound community now, from a strategic perspective they plan further global expansion in the time to come.
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Zhou estimates that the number of people with HIV/AIDS in China has quadrupled in the past decade, mainly due to unsafe sex and drug abuse.
— Alex Heath (@alexeheath) July 10, 2020
[Photo:MAY ZHOU / CHINA DAILY]
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Zhu said DPP authorities have engaged in political manipulation, inciting hostility between the two sides and restricting and suppressing normal exchanges.
Zhu Yongsheng, dean of the School of International and Cultural Exchange at Fudan University in Shanghai, Ji Jingshu, founder of EventBank, and Long Peizhi, founder of WeLab, received the awards.
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Zhu also attributed the industrial profit improvement to the deeper drop in industrial material prices compared with that of finished goods prices, the significant recovery in the profits of key industries such as petroleum processing, power, chemicals and steel, as well as higher investment returns by industrial firms.