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"China's population structure determines that its consumption sector will see rapid growth. During the COVID-19 epidemic period, the Chinese government showed its strong capabilities in relocating resources and personnel, which has further strengthened our confidence to invest in the country," he said.

"China's role in VR development has been on the rise－95 percent of the world's VR equipment is produced in China, and much VR content in app stores now comes from Chinese developers," said Graylin. HTC currently accounts for 35.7 percent of the global VR headset market and about 52 percent of the market in China.

"Continental is a leading automotive supplier with abundant experience in automotive electronics development and manufacturing.

"China's demand just isn't big enough to absorb Brazilian and American crops in six months unless the Chinese are willing to purchase extra supplies and put them in storage,'' he told China Daily. "Otherwise, we won't work through the current large stocks in a snap of a finger. Long term, things may be better. The devil is in the details.''

"China will take all sorts of necessary legal and administrative measures toward entities put on the list," the column said. "Foreign enterprises must obey laws and regulations if they want to grab development opportunities in the Chinese market."