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In his resignation letter, Mattis accused China and Russia of promoting "their own interests at the expense of their neighbors". Mattis called for the US and its allies to use "all the tools of American power to provide for a common defense". 

In opposition to the Trump administration's current strategy of "fight - to confront China both militarily and economically," Freeman believes "there are many reasons for the United States to seek cooperative relations with a rising China."

In light of the trade tensions between China and the United States, uncertainties are rising in the global economy, but the Belt and Road Initiative can better connect emerging and advanced economies, while offering growth opportunities, said Yaseen Anwar, former governor of the Central Bank of Pakistan.

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In his remarks, Guo Ce, the economic and commercial counsellor at the Chinese embassy in Kenya, urged the government to further improve its investment environment to accelerate inflows of foreign investments. "Kenya can borrow lessons from China's reform and opening up initiative that is behind the meteoric economic growth of the second largest economy in the world," he said.

In mobile payments alone, volume in China hit .5 trillion last year, 50 times the size of the 2 billion market in the United States, according to data from market research firms iResearch and Forrester respectively.

In light of the huge number of Hong Kong students expected to return to the city for the Christmas holiday, two hotels were enlisted to serve as quarantine centers, providing about 800 rooms.

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In its initial onslaught along the coast, Florence buckled buildings, deluged entire communities and knocked out power to more than 900,000 homes and businesses. But the storm was shaping up as a two-part disaster, with the second, delayed stage triggered by rainwater working its way into rivers and streams.

In looking at their investment plans over the next three years, the majority of China CEOs indicated that they will maintain a high level of investment in areas such as cybersecurity, digital infrastructure, emerging technologies, workforce training and innovation including new products, services, ways of doing business, mainly driven by a desire to transform their business and operating models, improve bottom-line growth, and improve customer engagement.

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In his speech, Branstad recalled his interactions with President Xi Jinping dating to 1985, when Xi led an agricultural delegation from Hebei province to Iowa when Branstad was governor.

In his first year in office, Trump has withdrawn the US from the Trans-Pacific Partnership and threatened to pull out of the North American Free Trade Agreement and US-Korea Free Trade Agreement if other parties involved — Mexico, Canada and South Korea — do not make unilateral concessions.