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"Buyers are comparing the price and location of proper-ties carefully. In the past, buyers would flock to projects with price appreciation out of fear that they would no longer be able to afford them if they wait. Those kind of buyers have disappeared", said Lu.

"China is way ahead in terms of payment technologies and preferences," Tubb added. "Currently, our focus is still taking Chinese merchants to overseas markets. And more and more, we see the rise of markets alongside the Belt and Road Initiative digital route."

"China and ASEAN have great trade potentials other than areas of tropical fruits and seafood, now that the initiative broke regional barriers by renovating infrastructure and facilitating communications," said Lin Guijun, trade expert and professor at the Beijing-based University of International Business and Economics. "The energy sector, for instance, has seen increasing trade and cooperation."

"China has a fantastic total addressable market for so many businesses and certainly in the gaming business," Robert McCooey,chairman of Nasdaq Asia-Pacific told Xinhua, adding that DouYu's debut on the Nasdaq "is a perfect match between the US investors and the Chinese company."

"China and the Philippines must join hands to uphold the interests of the developing world, resist protectionism and unilateralism, and promote peace, stability and prosperity in our region and beyond," Xi said.