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"China is one of the few major economies in the world that have maintained normal monetary policy and we are still far from using the unconventional tools, such as the zero and sub-zero interest rates," he added. "China has sufficient policy space to support steady economic growth. Equipped with a rich policy toolkit, China is capable of coping with various uncertainties."

"China has witnessed significant growth in recent years. And the country's growing power will trigger concerns or even worries from other countries," Tokuchi said. "Xi's attitude has put the world's mind at ease and the country has shown that it will never seek hegemony, no matter how strong it becomes."

"China is IHG's second-largest market and the fastest growing one. We're confident of the long-term outlook of China's hospitality industry," he said.

"China has improved across almost all Doing Business indicators over the last decade, but the progress has been particularly impressive during Doing Business 2018-2020 when most Doing Business indicators improved," the report said.

"China may like our coal, and agricultural products, and to have Australia as a student and tourist destination, but it does not need us for any of them," Evans wrote.