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Angela Chao, daughter of the renowned Chinese-American entrepreneur Dr. James S.C. Chao, who founded the Foremost Group, received an honorary award on Wednesday in New York with other Asian-American business leaders for contributions to the global economy.

Analysts say China is critical to global automakers.

Andrew Kagwa Gathaara, chief editor of Kenya's Standard said Chinese media practitioners are currently on attachment in African media houses, and they have employed Africans to tell their own story.

Andrea Kremer.

Analysts from Haitong Securities wrote in a note that investors are holding a strong wait-and-see attitude at present. The market will need new signals before it makes a real rebound.