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"China's strong performance on the Midas List demonstrates that the country is continuing to produce a number of high-growth and highly-valued companies. While sometimes unknown in the US, these businesses can become globally significant, such as with Bytedance, the owner of popular app TikTok (known as Douyin in China), and they generate returns any venture capitalist would desire," added Konrad.

"China's economic data for July showed that the recovery remains unbalanced and reliant on extraordinary policy support," said Shaun Roache, Asia-Pacific chief economist at S&P Global Ratings. "The central bank wishes to lower borrowing costs while guarding against financial risks, and it is trying by developing tools that increase access to credit for the real economy, especially small and medium-sized enterprises."

"Collectively, the students who have entered USF through the gaokao admission program have achieved considerably higher results than the Chinese students admitted through the traditional admission process," said Jason Opdyke, assistant vice-president for international admission at the University of San Francisco.

"Chinese doctors went to many countries where they were much-needed and wanted. Through video conferences, Chinese doctors shared their experiences with their colleagues in other countries on how to fight COVID-19," he noted.

"Chinese shipbuilders have some advantages over the traditional shipbuilding powers including South Korea and Europe. For instance, the country's shipbuilders are good at making 'tailor-made' ships," Hu noted.