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But that in no way means China is luring any country into any kind of "debt trap." Few would disagree that funding is the lifeblood of development. China has been infusing badly needed blood into Africa's development. And by building infrastructure and improving Africa's labor force, it will eventually help the young continent create enough of its own blood cells to sustain healthy development.

By July, major Chinese cities had reached saturation point. There were up to 70 bike-sharing brands with 16 million cycles on the streets for a customer base of about 130 million, figures from the Ministry of Transport revealed in the summer.

By 2020, China should be able to effectively prevent and control money laundering, terrorist financing and tax evasion by improving laws and regulations and coordinating the work of different government departments, it said.

By 11 pm on Feb 19, the company received 60 orders for chartered flights, involving around 8,000 passengers.

But those are just a sliver of what the ongoing Hot & Spicy Festival 2020 offers to fun-loving aficionados of spicy cuisine this weekend in Beijing.