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"Citi China's FMDB license is a piece of welcoming news for many of our QFII and RQFII clients," said Harry Peng, managing director and head of prime, futures and securities services for Citi China. "We are in a unique position – as the only American bank who can offer a complete solution to international investors to invest into China, whether it's equity or fixed income, directly (QFII, RQFII and CIBM direct scheme) or via Hong Kong (Stock Connect and Bond Connect), end to end, from sales, trading, research to custody, clearing and settlement. We have the full licenses and capabilities in China on the ground."

"Chinese leaders attach great importance to developing relations with Japan," added Zeng, who is now chairman of the nongovernmental organization China Center for International Economic Exchanges. "Economic and trade cooperation is one of their shared interests and is believed to be 'a ballast stone' for stabilizing bilateral relations."

"China's car sector is yet to reach its peak, so it is normal to see some fluctuations as it evolves," said Ye.

"Complacency is our greatest threat and any business that thinks they are above the law will face serious penalties," Dominello warned.

"Coronavirus infections are spiking across the country, but President Trump decided to attack Dr Fauci again today as a 'disaster' and call public health experts 'idiots' instead of laying out a plan to beat this virus or heeding their advice about how we can save lives and get our economy moving again," Biden said.