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As small fitness studios and independent instructors mushroom in big cities, Hong Kong-originated premium gym chain Pure Group has opened its first outlet in Shanghai, which is believed to be one of the biggest and most expensive in town, if not the country.

As the honorary guest city of this year's summit, Changsha in Hunan province of China led over 20 SMEs to matchmake with the US companies in the fields of advanced manufacturing and biopharma and digital health & diagnosis.

As the Russia probe continues, Trump and his political allies have ratcheted up pressure on Mueller and his team in recent months.

As the debt-to-equity program is considered a significant and efficient method to tackle debt woes, China Shipbuilding Industry Corp, one of Chinese Navy's biggest contractors, converted debt into equity by offering eight investors stakes in two of its unlisted subsidiaries for an estimated 22 billion yuan (.27 billion) in August.

As to the shopping carnivals such as the upcoming Singles Day, their function is more like an image-building opportunity for brands, said Yu.