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Another benefit from the US perspective is the Chinese companies' credibility will be damaged and the latter may face more restraints when they seek refinancing. The higher costs associated with Chinese companies may increase the competitiveness of US rivals. Again, this logic is a bit warped.

Another sector that Kenya is interested in is industrialization. "Plans are underway for the relocation of some light industries from China, and we would like them to settle here in Kenya and make us the regional hub," says Tuju.

Any traveler coming to Hong Kong fails to comply with the requirements to provide information, or knowingly or recklessly provides any information that is false or misleading in a material particular, is liable to a fine of HK,000 (about ,289) and imprisonment for six months.

Apart from shifting their market focuses from traditional developed markets such as the United States and Europe to other markets, including members of the Association of Southeast Asian Nations and economies related to the Belt and Road Initiative, Chinese manufacturers from the private sector have been raising their production capacity on making products including household, textiles, childcare and sanitation products to meet the rising demand of the global markets over the past three months.

Apart from requiring banking institutions to comprehensively enhance the quality of data, the regulator also said, "Banks should integrate data application into the entire process of their business operation, risk management and internal control to effectively capture risks, optimize business procedures, and improve the effectiveness of internal control.”