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"China and the US should learn to coexist with each other in the South China Sea," he added.

"But that may raise the leverage level at a fast pace. So structural measures should be used to contain potential debt risks and prevent asset price bubbles, especially in the property market," said Lou.

"Catering firms, including milk tea makers, are facing certain pressures due to the impact of the epidemic, and they are keen to expand online sales channels. For milk tea brands, it is inevitable that they should expand into new retail channels," said Wang of Frost & Sullivan.

"Central banks will remain crucial to safeguarding the stability of global financial markets and maintaining the flow of credit to the economy," Tobias Adrian, the financial counsellor and director of the IMF's Monetary and Capital Markets Department, said Tuesday at a press briefing.

"Changes are coming so much faster these days than in the past. By the time you finish analyzing all the data you're given, it's too late to act," he said, adding that qualified leaders should be able to act in an environment of imperfect and incomplete information while quickly correcting the mistakes they have found in the decision-making process.