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"Given the tense China-US relationship and India's significance in Washington's Indo-Pacific strategy, it is most likely that the US and its allies will back the Indian side if they are involved. This will dramatically complicate the situation," Jia said.

"For a period of time in America, Chinese medicine seemed relegated to the past -- particularly in contrast to the high-tech advances made in biomedicine during the 20th century. But it is fortunate that much has been preserved and brought forward, as Chinese medicine is relevant today in our evolving understanding of the human body, medical sensibilities, and the nature of health and healing," said Donna Mah, a faculty member of Pacific College of Oriental Medicine in New York.

"Growth pace of the broader measure of credit is gradually getting closer to the nominal GDP growth rate," a crucial change that reflects effective deleveraging, according to Xing.

"For example, generally Chinese consumers don't want to wait for too long," he said, adding that Chinese retail companies were more engaged with the consumer, and thus were able to provide better and faster service. "If you want to pay, you take your phone and use WeChat (the online payment portal) and you can finish your shopping in an hour."

"For new product launches in China, we are moving from 'intuition-driven readiness' to the employment of data that depicts the clear preferences of customers," said Kao, under whose leadership the group has seen nearly 30 percent of revenue generated through online channels.