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As China's population gets older, care for the elderly has not only become a national priority but also a big business opportunity. The size and purchasing power of the country's aging population has prompted some high-quality healthcare service providers from Australia to enter this fast-growing segment.
As China has made progress in containing COVID-19 while the virus spreads in other parts of the world, the role of overseas Chinese has changed from that of aid providers to those who need help.
Apple's phones have been exempt from Trump's 10 percent tariff on 0 billion worth of imported Chinese goods. But Trump said in the interview with the Journal that he is open to possibly expanding US tariffs to an additional 7 billion worth of goods if a trade deal is not reached when he meets with Chinese President Xi Jinping at the G20 summit.
Apple moved from 17th place last year to No. 6 on the prestigious list — the only tech company to crack the top 10. It recorded annual revenue of 6 billion. Wal-Mart led the way with revenue of 9.2 billion, followed by Exxon Mobil (9.9 billion); Chevron (9 billion); and Phillips 66 (9.6 billion).
Around 43 percent of the 101 surveyed businesses said they would favor Hong Kong for an IPO, higher than the United States' 25 percent and 23 percent for the mainland's A-Share market.
