I like Chinese food very much and I think Chinese cooking is the best in the world.

我非常喜欢中国饭菜，并且我认为中国的烹饪是世界上最好的。

They're real watches. They tell you the time, don't they?

当然是"真的表"罗。会走也会报时，不是吗？

All right, let's get down to business.

好，我们来谈正事吧。

Then it's settled.

就这样定了。

And we hope to have joint venture with your company.

我希望同贵公司进行合资经营。

If negotiaton fails, then what?

万一谈判破裂，怎么办？