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Angle also looks at American current affairs through a Confucian lens. He recently wrote an essay from the perspective of Confucian value "propriety" to look at US President Donald Trump's comments on some immigrants being from "shithole countries".

Analysts from China International Capital Corporation Ltd wrote in a report that companies with their business focused on upgraded consumption and new economy are likely to show strong performance in the mid- to long-term.

Analysts believe that against the global backdrop of trade protectionism, the expo is consistent with China's long-time efforts to seek mutual benefits and advocate free trade.

And while the US Congress too has moved quickly to provide support for businesses and households, "it may well be the case that the economy will need more support from all of us, if the recovery is to be a robust one".

An said Lynk & Co will enter Europe using Volvo's resources. The first model to hit the European market will be made in East China's Zhejiang province.