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"Expansion into overseas markets could not only relieve the pressure of high inventory in the domestic market but increase the international influence of Chinese home appliance companies."

"Egypt has experienced extraordinary GDP growth in recent years, with a burgeoning population of consumers, with soaring household incomes. The formation of the joint venture with Hoho is a move to respond to the increasing demands of local consumers, fueled by the economic growth," said Chang Dong, vice-president of Konka Group and president of Shenzhen Konka Electronic Technology Co Ltd, one of the group's subsidiaries.

"Data released by the Central Bank show foreign investors increased their holdings of Chinese domestic bonds by over billion in the first half of the year, and our own flow data also indicate strong demand for Chinese government bonds. The inflows will keep financial conditions loose and help with the recovery."

"Drilling and completing a well at deep water is no easy task," said Li Yanjun.

"Even with the slowdown of the global economy, China's economic growth and consumption power compared to other parts of the world are still way ahead, especially in the tourism industry," said Gino Andreetta, CEO of Club Med China, a world-renowned luxury resort brand.