The coordination has also brought a cleaner environment to people in the region.

The 5G user base and the number of 5G devices in commercial use have exploded since 2019.

Baowu and Qingshan’s purchase price of high carbon ferrochrome in March

It remains to be seen to what extent the Huawei ban will affect their investment.

Net profit after tax attributable to owners of the Company for the year ended 31 December 2020 (“FY2020”) of A$5.4 million as compared to A$56.6 million for the year ended 31 December 2019 (“FY2019”).

Zhang received a combined subsidy of nearly 3,000 yuan (about $465) from Hefei city and the company for not leaving during the holiday.

"China is probably the only major economy to have grown in 2020, and it will be at the heart of international recovery this year," Bevan said.

It is understood that Guangxi Zizhi New Material Technology Co., Ltd. has an annual output of 60000 tons of high carbon ferrochrome production project.