The move is also the latest push by Vivo to defy a market decline to seek for growth in the holiday season and to stand out amid intensified competition.

此举也是维梧反抗市场下滑，在假期寻求增长，并在竞争加剧的情况下脱颖而出的最新举措。

Alibaba follows in the footsteps of brewer AB InBev , which also chose to defy the political turmoil with a listing.

The large-scale property developer operates according to a high-end luxury development based model, and Wei said that with the significant holdings of the company in Australia, it would defy logic to suggest that they are under any kind of financial stress.

It is commonly believed that as long as the cost gap continues to widen with foreign rivals, it is impossible for any external force to defy economic laws and let manufacturing businesses flow out.

The highly globalized nature of the semiconductor industry has prompted concerns over any actions that defy market principles and disrupt the global semiconductor market, said He Yadong, a spokesman for the ministry, at a media conference.

"We should bear in mind that the epidemic would not defy the fundamentals of the Chinese economy which is growing sustainably.

The S17 series is also the latest push by Vivo to defy a market decline to seek for growth in the upcoming summer holiday season.

The company's innovative US product lineup will help to defy the odds and herald its emergence as a global enterprise, said Yu Jun, president of GAC.

"The right channel strategies, effective marketing and good value-for-money products across all price bands helped Realme defy the market decline.

As a result, the key is that chip suppliers around the world should stand up and defy Washington's latest ban on Huawei.

The country has also given full play to the "drip irrigation" function of the structural monetary policy tools, as part of efforts to defy headwinds from the lingering COVID-19 pandemic.

Those who intentionally defy Party discipline must be punished severely, the communique said, adding that investigations and punishments will be stepped up for recurrent and stubborn problems, old problems that take on new forms, and disguised forms of misconduct.