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"China and the Philippines are two friendly neighbors since ancient times, which should not be affected by a single issue over territory in the (South China Sea) … I believe both (countries') leaders have the wisdom to solve it in a peaceful way."

"China has been investing in infrastructure in South America for a while," Leeds said. "So, from our perspective, we don't think that's news - just additional competition. Brazil and Argentina still have a long way to go, but these investments are certainly closing the gap on their ability to compete with the US."

"ChemChina has, from day one, respected Pirelli's traditions and its Italian roots while working to strengthen the company. I would also add both sides have been respectful of the traditions and priorities of our two countries, always with a focus on the business's success," he said.

"China is the biggest single market in the world," said Francis Sum, president of China with Volvo Construction Equipment.

"But that doesn't mean they don't have their thoughts. During the outbreak, I have seen their attitudes, which are inclusive and dedicated to the country and people."