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Another distributor, Well Go USA Entertainment, has released 14 Chinese-language films in 2019, doubling its North American box office from 2018's .01 million to .84 million as of Saturday. The company released only nine Chinese-language films last year.

Another point of contention involves the Takeover Code which sets the trigger point of a general offer at a 30-percent holding. That trigger point has to be reset for dual-class shareholding stocks because of the different voting rights of the two classes of shares.

Apart from expanding its global presence, CREC announced earlier this month that its subsidiaries such as China Railway Electrification Bureau (Group) Co and China Tiesiju Civil Engineering Group sealed 29 deals for airports, highways and forestry protection facility projects, as well as the transformation of shanty town areas with a total contract value of 37.16 billion yuan (.23 billion) in the domestic market over the past four and half months.

Animation Cloudbabies features characters who take care of the sun and moon. [Photo provided to chinadaily.com.cn]

Apartment buildings for relocated residents in Hangzhou, East China's Zhejiang province, are ready for handover on April 28, 2020. [Photo/Sipa]