Stine Seed's exports to China are minimal at present. "We never planned to have large exports to China. We'll export small quantities of seed that haven't reproduced in China and distribute it there. We want to get our genetics there, we don't need to be exporting large quantities of material," he explained.
Such investment is increasingly about leveraging a booming Chinese consumer market and meeting China's desire to develop innovative high-tech industries.
Steve Wood (second from left), vice-president of Aruba Asia Pacific, introduces the new generation of network solutions to Chinese clients in January 2018. [Photo provided to China Daily]
Such products are used widely-in automotive, machinery manufacturing, food and beverage, pharmaceutical, glass, cement, metallurgy, power, petrochemical, city subway transportation fields.
Strong government support enabled the company to grow from a five-man operation to a 110-person-strong enterprise, according to Chen Yilun, general manager of Join Intelligent's machine vision business unit.
Such a rise is expected as the fundamentals of China's economy are positive for long-term growth, which supports investor sentiment in the market, analysts said.
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Style design is another important gauge in the sportswear industry. Stirrup pants, a once must-have gym fashion icon in the 1980s, are now despised by Chinese youngsters, who want something modern and stylish.
Storms, including at least one apparent tornado, uprooted trees and destroyed homes in the neighboring state of Georgia, initially knocking out power to 21,000 customers, said Georgia Power spokeswoman Meredith Stone.
Such changes provide great growth opportunities to both domestic and multinational pharmaceutical companies, with foreseeable hikes in revenues, as new drugs are launched into China, said Liu.
Such a strong appetite from overseas investors for renminbi-denominated assets was partly because returns on Chinese government bonds are higher than those of developed countries and major emerging economies. The yield on the 10-year Chinese government bond was 3.3 percent in December 2018, compared with 2.83 percent for the US Treasury bonds and 0.05 percent for Japanese government bonds with the same maturity.