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"China has pumped capital in the developing and Arab countries and has opened its markets for the products of these countries," Gaballa said, adding the Belt and Road Initiative signals the seriousness of China for cooperation in trade, industry and investment.

"By providing power to Pakistanis, who previously had no proper access to electricity, these projects will also greatly help the country's economic and social development," said Yuan Jiamei, a professor at North China Electric Power University.

"Can we at least sit down and see each other face to face, and then we can begin to lay out a map, a road map, of what we might be willing to work towards," Tillerson said, changing the tough tone long being held by the Trump administration and suggesting some initial contacts to set the ground rules for further negotiations.

"China is further opening up its market to foreign investors by lifting entry barriers. We hope the expanded pilot program, laws and rules will further promote cross-border investment in transportation, education, healthcare, finance and professional services," said Gavin Guo, international partner of the Shanghai-based Kewei Law Firm.

"China is an important factor," said Suan, adding that China's performance will be particularly important for the ASEAN region. "If China shuts down, we will be unable to get our goods or the needed inputs from China. Now China is back on its feet, so that should be able to help us get through this challenging period."