Josefin Berg, an analyst at IHS Markit, said he expects to see 11 gW of solar power generated in India this year, while the US would install 10 gW.

China and northern European countries already established cooperation partnerships in 2017 in the fields of entrepreneurship and business, sustainable development, research and education and cultural communication, said Svein Thorstein Berg, managing director of Nordic Innovation, who looks forward to deeper cooperation between China and northern European countries.

International brands established in the market look to be cooling off, the website said quoting Achim Berg, who leads McKinsey's global apparel, fashion, and luxury practice.