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China's consumer price index, a main gauge of inflation, rose by 0.5 percent on a yearly basis in October, declining by 1.2 percentage points from September.

China's huge foreign exchange reserves are also denominated in the US dollar. If China does not use the US dollar but chooses the euro or other currencies to settle its trade deals, it will shock the US dollar system. So the US will not take the risk of decoupling from China, because that will weaken the US dollar system.

China's cultural industry has seen robust growth in recent years. Last year, total revenue in the culture sector and related businesses hit 8.93 trillion yuan (.31 trillion), increasing 8.2 percent year-on-year, according to a survey by the National Bureau of Statistics of more than 60,000 enterprises across the country.

China's economy expanded 6.7 percent in the first three quarters, down from 6.8 percent in the first half but staying above the government's annual target of around 6.5 percent.

China's first domestically manufactured cruise liner will be delivered in 2023, followed by a delivery rate of one vessel per year between 2024 and 2028. The cruise liners will be constructed at Waigaoqiao Shipbuilding Co Ltd, a company controlled by CSSC.