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"For as long as I've been dealing with China, we have been working to get better access to products, so we are now able to do wholesale and it gives us again more opportunities to participate in the market," he said.

"From Kuaidi to Uber China, we have brought down countless rivals," he said. "We have a bright future ... Meituan-Dianping is not the weakest, nor the strongest either."

"Foxconn hopes to reduce costs and grow its market share in the US by launching the LCD panel plant. Moreover, US President Trump's claim to revitalize manufacturing, as well as preferential policies and subsidies from the state of Wisconsin have attracted Foxconn to produce LCD panels to satisfy local demand," said Zhang Yanbin, assistant director of Beijing-based consultancy All View Cloud.

"Fish4Dogs had the advantage of being a first-mover in using fish as the single protein source in dog food. Of course, and partly driven by our own success, other players are entering the market. We believe we are the original and best and continue to innovate to stay ahead of our competitors," Smith said.

"Greater cluster for the companies, more integrated development among the AI technologies with local industries and strengthened innovation efforts are key for China to offset the impact brought by the technology barriers made by the United States," said Liu.