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Analyst Michael Pachter of Wedbush Securities said Facebook is lucky the data apparently has been used only for political ads and not more nefarious purposes.

And, starting May 1, foreign companies will be allowed to apply for licenses to conduct oil and gas exploration and production. Last year, the Chinese government implemented a "negative list" system that allows foreign investment in any sector not explicitly prohibited. And, the new foreign investment law allows 100 percent foreign ownership in most areas and treats foreign firms as legally the same as domestic firms.

And, of course, as Europeans, maybe we also have to learn from China's policies. Market access is really important. It means that European companies can enter markets in China.

Analysts said a new trend in Chinese companies' going global was that more SMEs were attracted to overseas markets.

And education institutions in New Zealand, especially its capital, Wellington, are quickly responding to the industry, by upgrading and setting up new majors.