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Angus, who wrote the recent report Top 10 Global Consumer Trends for 2018, said many of the new behaviors among young consumers in China follow global trends, as the internet and social media increasingly bridges borders.

And the increasing expenditure goes to more sophisticated and experiential activities, according to a report by consultancy Oliver Wyman, which showcased that overall trip spending surged against a precarious drop dedicated to shopping when the Chinese travel overseas last year.

And the nation’s massive export sector may start to feel a larger impact from tariffs, as Washington imposed 25 percent tariffs on billion of Chinese imports on Friday, drawing rapid retaliatory duties by Beijing on the same amount of U.S. exports to China.

And Seattle doesn’t begin to compare with Silicon Valley when it comes to venture capital. In this year’s first half, Silicon Valley firms got .1 billion for 598?deals, versus the Pacific Northwest’s 0 million for 70 deals, according to the Money Tree Report from Pricewaterhouse Coopers. The second-largest recipient of VC funds, the?New York metropolitan area, got .1 billion in 260 deals.

And she stressed that media reports relating to BT are "not an accurate reflection of the real situation", explaining instead that, because BT already uses Huawei equipment extensively for its radio access networks, BT has a policy of not using Huawei equipment for its core networks, in order to achieve diversification of procurement.