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Companies targeted include those with high stakes in the internet, big data, cloud computing, artificial intelligence, software and integrated circuit fields, as well as in high-end equipment manufacturing and biological medicine.

Combined, China and Japan hold more than a third of the total foreign holdings of US Treasuries.

Coal output rose 12.1 percent year on year to 300 million metric tons last month, NBS figures showed.

Concerning the current stance the US has taken toward China, Heng Swee Keat, Singapore's deputy prime minister and finance minister, said, "The US has to accept that it has no better option but to work with China because trying to contain it will result in worse outcomes."

Concern about the Trump administration was growing across Africa, the world's second most populous continent, even before the president's comment, over proposed deep cuts to US foreign aid and a shift in focus in Africa toward countering extremism.