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"Coffee business is among the four high-growth food and beverage categories of Nestle. We continue to invest and see a great opportunity in our coffee business," said Altug Guven, senior vice-president of Nestle's coffee business unit in China.

"Continuing the move toward a more market-based and transparent monetary policy framework is a key element in ensuring an orderly transition to an effective float, which may also require use of foreign exchange reserves to smooth excessive volatility," suggested the IMF, proving that China's foreign exchange reserves are sufficient.

"Compared with major crops such as rice, wheat and corn, soybean has much lower yields and requires more land, which is a major reason why it has not been promoted as extensively in China because of limited arable land," Han said.

"Chinese scientists, doctors, medical workers, as well as central government and local authorities managed to take control of the coronavirus as much as possible within three months. Thus we all think if the world is able to do what China did, and takes the problem and its international obligations very seriously, the pandemic may be eased soon."

"Cross-border M&As with strategic significance, especially industrial upgrading and the Belt and Road-related projects, will dominate the overseas M&A market in 2017," said Chen.