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This painful truth came to torment Huawei Technologies Co Ltd, the current leader of the Chinese smartphone pack, recently.

This action came just days after the White House levied punitive duties on billion worth of Chinese products, and China vowed to retaliate with equivalent tariffs on US goods.

This new round of investment was led by Hillhouse Capital and General Atlantic. Existing investors including JOY Capital, Ocean Link, M31 Management Fund of Giant Network Group, and K2VC also participated in this round. TH Capital acted as the sole financial advisor.

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This increase came on the back of a successful 2015-2016 crop year which saw China import over 40,000 metric tons of olive oil.

This means such expansion will rely on economic developments at home and overseas－with the domestic cycle being the mainstay－along with the development of tourism and the services sector.

This is the latest development in UMC's lawsuit against Micron. In January, UMC alleged that Micron had infringed on its patents in China related to memory storage and other products. It asked the court to ban Micron from manufacturing, importing or selling the allegedly infringing products, and also destroy all inventory and pay compensation.

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This is a slump of 23.4 percent compared with the same period last year. The market share of Chinese passenger car brands declined 4.2 percentage points to 39.7 percent.

This struck me as a remarkable display of how government initiatives in preserving ancient culture have been successful.

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This is part of broader push by Honor to increase the contribution of overseas revenue to total revenue from 15 percent in 2017 to 50 percent by 2020.

This technology is able to create early warnings by analyzing data and monitoring areas with safety hazards during typhoon and floods. The scenarios are expected to be completed in June.