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Ant Financial of Alibaba invested 833 million yuan for a 51 percent stake in Cathay Insurance, a Taiwan-based property insurance company in July 2016.

Any time you do something big, that’s disruptive — Kindle, AWS — there will be critics. And there will be at least two kinds of critics. There will be well-meaning critics who genuinely misunderstand what you are doing or genuinely have a different opinion. And there will be the self-interested critics that have a vested interest in not liking what you are doing and they will have reason to misunderstand. And you have to be willing to ignore both types of critics. You listen to them, because you want to see, always testing, is it possible they are right?

Another premium auto maker pinning high hopes on the Chinese electric vehicle market is BMW Automotive Group, which announced its local production plan for its BMW iX3 fully-electric model at its manufacturing base in Shenyang, Liaoning by 2020.

Another report, commissioned by the China Consumers Association and published on March 6, also shone a light on the mounting pressure on mothers who have to juggle work and breast-feeding.

Another challenge in China is the diversification of communication channels. Social apps, news apps, mobile media, direct marketing, friends and key opinion leaders or KOLs could all be sources of information.