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Another important point worth reinforcing is that an escalating Sino-US trade conflict will also affect Asia as a whole, said a research note from Nomura Securities.

Ant Financial Services Group, a financial technology unicorn run by Jack Ma, teams up with Philippine telecommunication giant Globe Telecom to offer real-time cross-border remittance services for individuals and small and medium-sized enterprises (SMEs) in Hong Kong and the Philippines, in a sign of its determination to make inclusive finance a reality for ordinary people along the Belt and Road route and the world over.

Another key point of China's approach is its strong emphasis on innovation, which serves as further proof of a future-oriented viewpoint.

Apart from expanding office areas and recruiting more employees, the company has set up an outdoor module testing field in Inner Mongolia to allow testing of energy yield, benchmarks, and analysis of any reliability impact that may arise under specific local climate conditions. The testing fields will give evidence on how modules perform under real conditions rather than lab conditions, which are considered equally important by PV system buyers and investors, according to Therhaag. TUV Rheinland has set up identical outdoor measurement sites in the United States, Germany, the UAE and India.

Another large deal was the 5-million purchase of the DoubleTree by Hilton Hotel Los Angeles Downtown.