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Analysts said that there is not a clear and proven business model for car sharing and many of the companies are affiliated to carmakers, which sold vehicles to them for winning government subsidies and amassing credit as demanded by the authorities.

And it is something that the Chinese authorities would like to see. In a document released in June 2017, the NDRC said that "carmakers are encouraged to make the most of international technologies, capital and human resources to raise the level of China's new energy vehicle sector".

Analysts said the Indian government invitation and foreign companies' willingness to use Huawei's products highlight the trustworthiness of the company and provide a testament to Huawei's technological prowess.

Andrew Frye, president of APAC at Baxter and senior vice-president of the company, said China is an "exciting" market.

Analyzing the reasons behind the weekslong anti-government protests, Tung said that due to the long-term impasse in livelihood issues such as housing problems and a widening income gap, some young people could not envision their future and thus choose to vent their anger through "street politics".