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As China boosts trade with Latin America, it is increasingly interested in developing a robust infrastructure network in the region that can efficiently and cost-effectively ship goods and products from producing centers to export hubs along South America's pacific coast.

Apple's Cook did not hide his excitement from his visits to Chinese tech startups. He said China is already incredibly innovative in so many areas and there are apps and business models that could only have been created here.

April 2014

Apple said its quarterly revenue increased 17 percent year on year to reach 53.3 billion dollars and profits of 2.34 dollars per share, up 40 percent. Its international sales accounted for 60 percent of the quarter's revenue.

As China increases its efforts to provide low-cost and effective medical services through healthcare reforms, all market players including foreign companies will benefit, said Andrew Hodge, president and general manager for the China affiliate of the US-based drug maker Eli Lilly and Company.