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"China's efforts to promote the development of 5G networks are proceeding as scheduled. Though the ban on ZTE has led to market concern about a severe negative influence on the telecom industry, the real situation turned out better than we had expected," Essence Securities said in a research note.

"Cirque du Soleil is a global leader in entertainment. And as a global leader in entertainment, we want this show to be the most popular in the world," Daniel Lamarre, CEO of the Quebec-based company, said at a news conference in Hangzhou.

"Chinese tech companies have a very big market in China, but the European market is very segmented and differentiated, and the customers are sophisticated," said M?ller-Hergt, adding they connect IT vendors in China who are eager to sell their products and services overseas with European resellers.

"Compared to Europe and the United States, we have lots of predators here and a lot of people who shoot these birds," said Jaime Lim, one of the Philippines' best-known pigeon fanciers - as the pursuit's devotees are known.

"China will take the same economic paths as other ... nations, so the growth in energy demand will surely slow as GDP growth rates slow," he said.