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Debt, trade, the Belt and Road Initiative and the Forum for China-Africa Cooperation, or FOCAC, were among topics that China's ambassador to Kenya addressed at a luncheon with the Kenya Editors' Guild Press Club in Nairobi.

David McCormick, co-CEO of Bridgewater Associates LP, said the company has an extensive history in China, as a result of having been deeply involved in and studying the evolution of its economy and markets for more than 30 years.

Deese previously served as a deputy director of the National Economic Council, deputy director of the Office of Management and Budget, and senior advisor to President Barack Obama. He played a leading role both in rescuing the U.S. auto industry and in negotiating the landmark Paris Agreement on climate during the Obama administration, according to the Biden transition team.

Deepening reform and opening-up, with international coordination, has been called for by Chinese scholars to reduce conflicts amid the China-US trade tensions, which can boost economic development on both sides, said a report issued on Tuesday.

DPRK conducted its sixth and most powerful nuclear test to date on Sept 3. The official Korean Central News Agency claimed it was a hydrogen bomb.