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Any picking up of the gauntlet on trade and investment would require genuine redressing of the trade imbalance and reciprocal market access for India, failing which, New Delhi sees the process as non sequitur in the India growth story.

Anta Sports Products Ltd, the mainland's largest sportswear retailer by market value, posted record annual profits for a third year in a row as its multi-brand strategy paid off and the company gained from the rising demand for sportswear and sporting goods in the country.

Ant Financial was split off from Alibaba and obtained business independence in 2014, making it a powerful financial player.

Annabelle Vultee, COO of EF English Centers, Education First. [Photo provided to China Daily]

Ant Financial Services Group is calling off its acquisition of US-based Money-Gram International Inc, after failing to gain approval from Washington's national security panel, which is increasingly obstructive toward Chinese investment in US firms.