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"China has already commenced rolling out the 5G networks and the massive market scale it brings for the entire industry will make 2020 the breakout year for 5G," said Peter Richardson, research director at Counterpoint Research.

"China can benefit greatly from the talents of these proven wealth managers, from both the positive impact their investments can have on the real Chinese economy and through the superior returns generated for Chinese institutions and investors. We want to be a part of the significant growth in China," said McGuire.

"China is a very important market for Saint-Gobain. It currently represents 4 to 5 percent of Saint-Gobain's global sales, which is still a small percentage compared to the importance of the Chinese economy in the world," said Javier Gimeno, chief executive officer of the company's Asia-Pacific operations.

"China is no longer collecting the retaliatory tariffs placed on many US farm goods because of the trade dispute. China now appears likely to meet a commitment to import at least 7 million metric tons of corn each year, and some barriers to US meat exports have been removed," he said.

"But what is happening is not getting me down, just motivating me to go out and talk more," Lula said in his testimony. "I will keep fighting."