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He spoke highly of the important contributions made by foreign experts to promote China's economic and social development, and exchanges between China and foreign countries.

Dexter said China has observed the "five No's" in the past, namely no interference in African countries' pursuit of development paths that fit their national conditions; no interference in their internal affairs; no imposition of China's will on them; no attachment of political strings to aid; and no seeking of selfish political gains in investment and financing cooperation.

The two sides are expected to sign a series of cooperation documents on aviation, energy and finance, among others, according to a press briefing by Chinese Foreign Ministry ahead of the visit.

"Bonds usually take up a large portion of many countries' forex reserves," said Zhao Qingming, chief economist of derivatives institute of China Financial Futures Exchange. "The interest rate hike by the Federal Reserve has led to declines in bond prices across the world, which also influenced the assest reassessment of China's forex reserves."

For her part, May said Britain sees its ties with China as an important part of its global partnership. She said she is looking forward to Li's visit to Britain for the next meeting of British and Chinese heads of government.