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"China ought to take action like relaxing foreign equity limits for banks, while the US should consider opening its high-tech sector to China."

"China is shifting toward a floating exchange rate regime, and we allow the exchange rate of the yuan to be determined by market demand and supply," Yu said.

"China is key to our future growth as it currently represents a quarter of our portfolio. The opening of Fraser Place Binhai Tianjin is significant as it underlines our ambitions to grow our presence in China," said Choe Peng Sum, CEO of Frasers Hospitality.

"China opposes an arms race and works to safeguard global strategic balance and stability. Moving forward, China will continue to firmly uphold multilateralism and actively participate in multilateral arms control processes to contribute to the maintenance of international peace and security," he said.

"Charging the president with a crime was not an option we could consider," Mueller said, adding that "it would be unfair to accuse someone of a crime when there could be no court resolution of the charge."