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"Despite the current (tense) international environment, Chint has maintained a growth momentum abroad, mainly thanks to logistics improvement and the Belt and Road Initiative," said Nan Cunhui, chairman and founder of Chint, on the sidelines of the ongoing two sessions in Beijing.

"Evidence on the initial effects of emergency aid suggests that the end of benefits will push overall consumer spending -- the main driver of the economy -- down by more than 4 percent," he noted.

"Democrats should not focus too much on Mueller," Chicago Mayor Rahm Emanuel told The New York Times. "The flashing yellow light in front of this president is the bond market and the prospect of a recession."

"Egyptian companies like Orascom and Arab Contractors may be more efficient than us in low-rise and mid-rise, but high-rise is our speciality," he added.

"Does it mean that there was no demand in tier-three cities? Of course not. It was because we carmakers did not meet their demand in a better way. I think there is growth potential, huge potential," said Ye, at the annual China Automotive Bluebook Forum organized by the Auto Business Review magazine.