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"HNA was encouraged to become a global company with strong encouragement from the Chinese banking sector," said Kirby. "One thing that no one can predict is how policies can change in China."

"French companies are very eager to present themselves at this event to meet their own promotional needs in China," Gao said.

"Gathering various resources, the city clusters will benefit from economies of scale and agglomeration, and the coordinated development of those city clusters will help share and build the basic urban foundation, bring stronger competitiveness and improve people's lives," said Chen Yuyu, an economics professor at Peking University's Guanghua School of Management.

"For the most part, everyone I've been talking to has a plan. But to quote Mike Tyson, 'Everybody has a plan until they get punched in the face,'" said Scott Schneider, an Austin, Texas, lawyer and a consultant on higher education.

"Global investors have invested trillion in securities according to the ESG principles, whereas Asia only accounts for a small fraction of the total investment because of the lack of ESG awareness and little client demand for ESG investing in the region," she noted.