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"China is a key market for UBS," the bank said in a statement, adding that the further opening-up of China's financial sector brought great opportunities.
"China is the second-largest Asian investor in Colombia after Japan. We have seen significant growth in Chinese investment," Santoro said. "From 2013 to 2018, China's foreign direct investment capital flows tripled."
"China has the best resources in frequency spectrum and base stations. Local consumers and enterprises have some of the highest enthusiasm and willingness to embrace 5G. And the governments have rolled out favorable policies," Xu said.
"But popular musical variety shows are a powerful platform to promote both Chinese and Western music to Chinese audiences," said David-Experton. He added that with the rise of online streaming services, it would open up access to these songs and could lead to Chinese audiences developing more diverse tastes.
"By sacrificing the increase of fiscal revenue, we gain enterprise performance and market vitality," Xiao said. "This is the core of implementing policies of cutting taxes and fees."
