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And he said: "Both sides need to be pragmatic and realistic and adopt a give-and-take approach. Only in this way, can we get over the thorny issues and reach an agreement."

And I will tell you that, on facial recognition as an example, there are some companies, Microsoft is one of them that has been very good about working with us to really think about what needs to be done. And even if you saw Brad Smith’s excellent article calling for regulation, which is not always the case with a lot of companies, but I think that there are other companies that have just poo-pooed the studies and said, “Oh, there’s no evidence. There’s no proof. We don’t need to do anything about this.”

Analysts from UBS Securities wrote in a latest note that listed US companies will have limited room for posting outstanding profits in the first half of this year.

And it is the antics of the Tsai administration that have prompted this move.

Analysts said despite the substantial progress made by China on clean energy generation, it still looks tough to achieve the government's target of 5 percent or less curtailment rate by 2020.