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"China has a culture and system that has worked well for it for a long time, so it shouldn't be expected to change much; the US has the same; these systems (and those of other countries) will be both competing and cooperating, and how well they do that will be an important influence on global conditions."

"But, China has been facing an asset shortage problem since 2015 in terms of high-return and low-risk products," notes Sun, adding that developing competitive and innovative products with stable returns and low risks, plus educating investors, are crucial for asset management companies.

"But we had a tough time at first," the 74-year-old Liu said.

"California stands united against President Trump's money-grab to fund his expensive and ineffective wall, which he promised would be paid for by Mexico," said Newsom. "This funding should be spent as it was intended: to support local law enforcement agencies and to fight drug trafficking."

"China now plays a critical role in the global digital landscape. The majority of future digital innovations in the coming years will come from China and Silicon Valley," said Arndt Groth, former president of the Bundesverband Digitale Wirtschaft, Germany's leading digital marketing association.