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Anchor Food Professional, Fonterra's food service business, has signed a deal to provide goods worth 12 billion yuan to Xiamen C&D Corp, a large industrial and investment enterprise in Xiamen, Fujian province.

Analysts argued that the immediate goal of Volkswagen's new partnership is to meet the government's demand, as it is stipulated in the deal that Volkswagen will enjoy priority if it needs to buy credits from the joint venture.

And the Chinese bond market can do with more diversified investors, he said.

And the customer is going to be the child, this is so important because that is the secret sauce of Amazon. There several principles at Amazon, but the number one thing that has made us successful — by far — is obsessive compulsive focus on the customer, as opposed to obsession over the competitor. And I talked so often to other CEOs, some other CEOs, and also founders and entrepreneurs, and I can tell that even though they’re talking about customers, they’re really focusing on competitors and it is a huge advantage to any company if you can stay focused on your customer instead of your competitor.

Andy Rothman, an investment strategist at San Francisco-based investment firm Matthews Asia, wrote in a recent analysis that China's V-shaped economic recovery continued for a fourth consecutive month in June, led by strong domestic demand.