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"But there are still challenges for Chinese companies because of the lack of a mature employee training system, institutionalization of decision-making and the work-life balance that many candidates still aspire," he added.

"China A shares offer an incredible mix of leverage to the country's domestic economy. That's why, we want to buy them for the next decade. More so because we expect China's stocks to stay neutral, largely unaffected, when the next US market crisis occurs. For example, the Shenzhen Composite Index has among the lowest correlations of all major global indices to the S&P500 index at just 8 percent."

"China is obviously an important regional and world power, we work closely with China on issues related to North Korea, on issues related to trade and many other issues as well," Nauert told a briefing at the Washington Foreign Press Center.

"China has done remarkably well," said Wei Sun Christianson, chief executive of Morgan Stanley China and co-chief executive of Morgan Stanley Asia Pacific, at the Fortune China Most Powerful Women summit in Shanghai on Dec 10.

"China is not an unknown country to me, and I have been to many cities, including Beijing, Shanghai, Shenzhen and Hong Kong before, but just for work," French director Jerome Salle said. "If I have enough time to watch the vitality of this magic land, maybe my next film's inspiration will just come as naturally."