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The case study report demonstrates powerful partnerships between British and Chinese companies that play to their unique strengths. HSBC, along with two Chinese banks, has provided debt facilities for a power plant in Bangladesh with the design, consultancy, engineering and construction expertise supplied by major Chinese enterprises; U.K.law firm Linklaters has provided legal services to Chinese banks involved in financing a coal mine and associated power station in Pakistan.

"On the basis of respecting Myanmar's sovereignty and territorial integrity, China stands ready to play a conducive role in Myanmar's national reconciliation in accordance with Myanmar's needs and willingness," the Chinese diplomat said.

Chinese officials and experts have defended China's stance of non-acceptance and non-participation in the case, saying the Philippines' unilateral initiation of the arbitration violates international law.

"For quite a long time in the future, China's basic national condition of a large population will not fundamentally change. The population pressure on economic and social development will not fundamentally change. The tensions between population and resources and environment will not fundamentally change," said Xi, also general secretary of the Communist Party of China (CPC) Central Committee.

He added that China supports the Central Asian countries in having a deeper participation into cooperation within the framework of the Shanghai Cooperation Organization (SCO).