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"But we are in the middle of the pandemic. So, for the United States to leave and take its money with it is extraordinarily shortsighted and unwise, a major mistake by our country in my judgment," he said.

"China made the historic decision 40 years ago to carry out reform and opening-up, which changed the course of China's future," Cui said.

"Cash flow problems are forcing some SMEs in property to sell off some of their projects, or offload equity stakes, and sometimes sell out totally."

"By making clear the responsibilities and investigation methods, the supervisory power of the country has been legalized, regulated and institutionalized," he said.

"China has been spectacularly successful at developing rapid train systems, and to link up northern cities－especially between Hull and Liverpool, as well as Leeds and Manchester－is particularly crucial," he said. "And China has massive experience to share.