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

An old friend of China is in awe as the country approaches its long-held goal of eradicating extreme povertyEditor's note: As China aims to eliminate extreme poverty and be a "moderately prosperous society" (xiaokang shehui) in time for the 100th anniversary of the founding of the Communist Party of China next year, we talk to experts for their take on the country's commitment.

And on Oct 13, construction of the southern base of China Automotive Technology and Research Center formally began in Zengcheng. The project, which cost more than 1.85 billion yuan, is a base as regional headquarters and a public technology service platform for testing whole cars, automobile parts and new energy cars.

And that's exactly how Harman wins hearts in the market. Since its establishment in 2009, Harman China has achieved rapid growth. It reaped more than billion in sales in the China market in 2017, up from about 0 million almost a decade ago.

And at least 0 billion of that comes from trade with China. In addition, China accounts for 69 percent of all imported goods and 39 percent of exports at Long Beach, says Peterson.