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China is the biggest trading partner of the Philippines and also its top import source. Bilateral trade reached around .7 billion last year representing a year-on-year increase of 8.5 percent, and Chinese investment in the Philippines increased by over 80 times from 576 million yuan (.5 million) in 2017 to 48.7 billion yuan in 2018, according to the Ministry of Commerce.

China imported 1.075 billion metric tons of iron ore in 2017, which accounted for 70 percent of global imports. Along with the growing domestic need for hedging, the world's leading consumer of iron ore has long been in demand of bigger say in setting commodity prices.

China is known for its craving for SUVs, which has been the fastest-growing segment in its automobile industry. Porsche is selling more SUVs than sedans in the country and Bentley's SUV Bentayga is well received too.

China is likely to raise the debt ceiling for local governments from next year to ease fiscal deficit pressure and strengthen investment, a key measure to stabilize economic growth against further headwinds, experts said on Thursday.

China is Canada's third-largest tourism source market, following the United States and the United Kingdom. According to Destination Canada, the government body promoting travel to Canada, an estimated 750,000 Chinese tourists visited Canada by the end of 2017, up 23 percent from the previous year.