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"China is consuming north of 1,000 tons of gold (annually) and the consumption is at a steady pace. It reflects the steady growth of GDP in China," said Chairman of the World Gold Council David Harquail. "As long as the wealth of China keeps expanding, gold will get its share of the growth in the future."
"China has tried its best to practice restraint. It has been asking through diplomatic channels for the Indian troops to withdraw. But India doesn't seem to understand," Lan said, adding that there are "various possibilities" if India keeps ignoring China's diplomatic efforts.
"China has a lot of talents and the government is a big supporting factor. Shanghai spearheads the BMW research and development network in China and also serves as an incubator for future technologies," said Jochen Goller, president and CEO of BMW Group Region China.
"China is a big retail country, whose strong purchasing power is hidden in lower-tier cities," said Zhang Xun, managing director of Accenture Strategy in China, adding the growth of retail sales in third-tier cities and below reached about 15 percent in 2017, compared with 7 percent in first-tier cities.
"Chile is a very long and narrow country. We have valleys, and areas near the mountains and the sea, which creates completely different types of wine," he says.
