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Coronavirus outbreaks at several US military bases in Japan are placing a new strain on relations between the two allies, as Japanese Defense Minister Taro Kono on Tuesday spoke of "problems "within the US side on prevention measures.

Countries are cutting deals with pharmaceutical companies, securing the right to buy vaccine doses as soon as they're produced. And like in all bidding wars, the wealthiest bidders are winning: Already, the world's high-income nations have secured enough vaccine doses to cover more than twice their populations.

Cowper-Coles said the relationship between China and the UK in the financial services sector will continue to grow, in particular as witnessed this week at the 10th China-UK Economic and Financial Dialogue.

Containers are unloaded at Qingdao Port in Shandong province in March. [Photo by Yu Fangping/For China Daily]

Cooperation between fintech firms and small and medium-sized banks can possibly solve the problem, experts said at the forum.