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In contrast, since Japanese Prime Minister Shinzo Abe returned to power in 2012, Japan's relations with the two neighbors soured.

"We are the friends of all the seasons; we have the same joys and grief. At all odd and difficult times, China always proved it as a good and true friend of Pakistan," said Rashid.

Nevertheless, new problems have emerged. Economic growth has entered a new normal. From 2011 to 2014, China's economic growth rates scaled-back from 10 per cent to 7 per cent.

"We need to build an open world economy, oppose trade protectionism, push for the adoption of responsible macroeconomic policies by all G20 members, and jointly expand global demand," he noted.

In the future, China will tap greater potential in cooperation with African countries, said Abdulrahman Mabdur, an Algerian international strategic management expert.