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George Ren, a senior partner from global consultancy Roland Berger China, said lower-tier cities have become powerful driving forces of bolstering the upgrading in the country's consumption market, while noting the buyers coming from the markets are paying more attention to the quality of products and becoming more brand-conscious.

GeekWire Producer Curt Milton gets his first haircut in months as COVID-19 restrictions begin to life in Seattle, but finds things are far from back to normal.

German medical technology company Siemens Healthineers has seen more than 70 percent of its employees return to work at its China offices and facilities. The factory's production capacity has largely recovered while many employees are either taking onsite shifts or working from home via digital solutions, said Wang Hao, president of Siemens Healthineers China.

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Ghosn's bail was set at 1 billion yen after a request was filed with the court on Thursday by Ghosn's new legal team.

Geng Yi, deputy secretary-general of China OLED Industry Alliance, stressed that smartphone production is going through a transitional period from rigid to flexible screens.

German car maker Volkswagen, the world's largest by sales, plans to invest a total of 20 billion euros ( billion) by 2030 in electric mobility and 50 billion euros in batteries.

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Gaw said he went into the real estate business in the 1990s, buying up empty office buildings in urban cores like Los Angeles, San Francisco and New York.

George Molina, head of emerging markets trading at Franklin Templeton Investments, said the new rules, coupled with the improvement in China's economic fundamentals and the MSCI's inclusion of A-shares will attract further demands from overseas investors.

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German sportswear maker Adidas has put Shanghai at the center of its efforts to boost expansion in the world's fastest-growing consumer market and consolidated its Asia-Pacific operations in the city.

Gilead Sciences rose in early trading because one of its drugs may be effective in treating the coronavirus, but the stock lost 8.35 percent for the day.