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"China is changing at a very fast rate. There are a lot of new opportunities and new ideas that come out to do innovation, which is sometimes technology-driven, but it is sometimes business-model-driven. There is a lot of innovation," he says.

"China has always responded reciprocally," he said of the WTO filing and Chinese investigation announced this week on US sorghum exports to China.

"China is so integral to global supply chains for many products that a good portion - but not all - of the tariff impact will be passed onto US consumers. US firms will be the bigger losers," he added.

"China grew revenues 30 percent in the first quarter, with the strategic acquisition of East China positioning us to accelerate our growth in the key China market," said Kevin Johnson, president and CEO of Starbucks. "Today, Starbucks has two powerful, independent but complementary engines driving our global growth, the United States and China."

"But we are also talking to our Chinese and Russian partners, we are talking with Britain’s AstraZeneca - literarily everyone in order to get the vaccine as soon as possible and provide ourselves with at least 1 mln doses by the yearend for medical workers, the army, police, miners and public utilities," the Serbian leader said.