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"But we are not losing the ability to produce more reliable and instructive information, so what we need to do is to find a more creative way to display it and that's why we decided to introduce artificial intelligence into the production of a TV program," Yang said.

"China has made a lot of progress, especially in the last 10 years. It's unfortunate that 'trade war' brings a lot of attention to the negative areas of the relationship, but the IP system in China is a positive area," said Robert Merges, a law professor at University of California, Berkeley and co-director of the Berkeley Center for Law and Technology.

"China is already the largest market for electrified vehicles, offering us unprecedented opportunities to develop new types of traction motors, which are the most important element of an electric vehicle's powertrain," he said.

"China is now too important a market to ignore because investors can find the kind of growth opportunities here that are rarely available in other parts of the world," said Jeff Li, a London-based global equity fund manager at EFG Asset Management.

"By then, we could be a 0 million company," the entrepreneur said. According to Parafuzo's funding brochure, the company, which was set up in 2014, already had a break-even cash flow by November 2016 and in that year, it had .93 million in GMV, 3,000 in net revenue and 3,000 in net loss.