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And true to its words, Huawei has shrugged off the impact of US restrictions with steady growth in core businesses and a slew of impressive product launches in the overseas market.

Analysts said China's progress in 5G, which enables a much faster data transmission speed, will give a helping hand in facilitating the development of autonomous driving technology in the country.

Analysts said the merger will enable the State-owned giant to win more orders and gain more business in overseas cultural markets, adding that merging a relatively bigger SOE with diversified and international business interests with those with smaller assets and overlapping business might be the future direction of SOE restructuring and reform.

Anbang had been one of China's most aggressive overseas buyers before authorities began to curb risky outbound acquisitions. It also has equity investment in many listed Chinese firms.

And in the final segment, listen for a report from the scene of this week’s GeekWire Bash in Seattle, in the aftermath of a particularly epic ping-pong match.