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And the outstanding value of China's yuan-denominated overseas bonds rose from 5 million in 2007 to .08 trillion in 2018, according to data from the Bank for International Settlements.

And according to his LinkedIn profile (for now), Woo is working for Adam Bosworth, the former Salesforce engineer who joined AWS in 2016 and has been linked to the low-code/no-code project by a report in The Information last year. Bosworth’s project is also tied to the noncompete battle AWS lodged against former executive Gene Farrell, who joined Smartsheet, which is working on low-code/no-code services, in 2017 as senior vice president of product.

Analysts said service quality had become a growing concern for Chinese consumers, who are spending more on tourism, cuisine and entertainment.

And Li Demei, an associate professor at Beijing University of Agriculture said that as the variety of Italian wines is not well known in China,she suggested that Italian restaurants take more responsibility for introducing Italian wines to Chinese diners.

Andrea Pozzolini, CEO of Rhea Vendors Group, which manufactures customized vending machines in Europe, said the Chinese market is strategically important for the company, which has just taken part in the third China International Import Expo, or CIIE, in Shanghai, marking its debut at the event.