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"China has sufficient foreign exchange reserves, a low foreign debt level and various monetary policy tools that can consolidate the basis for the yuan's stability," the note said.

"China has been one of the big funders of mining globally, including in Canada," said Spence. "If you look around the world, in the past few years, the real two big funders were China and private equity, while the traditional financiers-commercial banks-were out of the market, so China was seen as a big source of alternative finance."

"Cheng's book contains analyses of key historical facts and criticisms on some points of view, both founded on a substantial body of materials, which makes it very convincing," said Yang Daqing, associate professor of history and international affairs at The George Washington University.

"China has to compromise in some areas, the US will have to compromise on others. What the EU and to some extent Japan are trying to do for the moment is talk to the US, talk to China, so at the end of the day everybody is around the same table."

"China is a very important market for us. It is expected to become our largest market globally next year," said Frank Hammes, CEO of IQAir, in a recent interview with China Daily.