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As President Donald Trump is taking a tough stance against China on trade, investors are keeping a close eye on China's holdings of US treasuries. But market analysts say China is unlikely to use dumping US treasuries as a tool for retaliation, as it would come at a heavy cost to both countries.

As a traditionally popular immigration destination, the United Kingdom rose one place, coming in second on this year's list. Its education quality, medical services and social welfare were strong positive factors according to surveyed billionaires.

As consumers, the emerging elderly group (that is, those born in the 1950s and 1960s) can also show considerable purchasing power during the Spring Festival shopping wave, including on online destinations, Chen from Accenture said.

As a result, some banks, especially the smaller ones, may face pressure of insufficient capital and tightened liquidity, industry experts said.

As bilateral cooperation heats between the two countries, diplomatic rapport has also been on the rise.