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"For international brands which have entered the Chinese market, duty-free stores provide more channels and opportunities for them to enjoy the dividends in this broad market," said Chen Wen, principal of leading consulting company Oliver Wyman.

"For beer fans, it's not only an opportunity to try some of these amazing beers in China but also to show support for this creative collaboration between Chinese and Western brewers."

"For a country boasting a free economy, the Trump administration's recent move is unimaginable and will severely damage US companies' businesses in China," Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges, said in an exclusive interview with China Daily. Wei is a former vice-minister of commerce.

"Financing through local government financing vehicles is expected to become subject to increasingly strict regulation and more transparency" as the country strengthens risk controls, said Fu Yubin, a sub-sovereign research analyst at Moody's Investors Service.

"Foxconn has accumulated experience and strength in the assembly and manufacturing of electronic components and sophisticated instruments. Meanwhile, the semiconductor sector has a strong relevance with Foxconn's previous businesses," said James Yan, research director at Counterpoint Technology Market Research.