He also says that the amount of information Chinese have access to now is huge, especially online. And as they have been traveling around the world for the past 20 years, they don't have to rely on foreigners or middlemen to tell them what's good.
He added that in order to achieve these goals, Kyrgyzstan will consider proposals by foreign partners and study best practices in implementing major innovation projects.
Having lived in China for a year-and-a-half since 2015, Velusamy has reaped friendship in China. "Local people are really friendly to me. While they may feel curious about me at first sight, they show hospitality and warmth when they know I am from India," she said.
He also claimed that Euronet derives only 28 percent of its revenue from the US and pays virtually no tax in the country, according to its annual report to shareholders.
He also reportedly said on Monday that the Nordic country's legislation is not aimed at a particular company or country.
He also said that over 90 percent of the K12 industry practitioners used to be teachers working at public schools, or those working for small-sized studios. Major industry players such as Beijing-headquartered New Oriental Education and Technology Group and Beijing-based Tomorrow Advancing Life accounted for less than 10 percent of the market share. Even though in first-tier cities such as Beijing and Shanghai, these two industry leaders only took up 15 percent and 12 percent of the local K12 education market share respectively.
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He added that China invites countries to take the express train of its development.
He added that they host these events to provide a platform for companies to come together to exchange ideas and develop partnerships.
He also called the Trump administration's anti-China policies, such as cutting off US semiconductor shipments to Chinese companies and blaming China for job losses in the American Midwest "misguided and naive".
He added that China will this year significantly lower the import tariffs for vehicles and reduce import tariffs for some other products.