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"But we do not have star models and high-end brands competitive at the global level," Xu Chaoqian, an official at the Ministry of Science and Technology, said at a forum on automotive industry development earlier this year in Tianjin.

"China A shares offer an incredible mix of leverage to the country's domestic economy. That's why, we want to buy them for the next decade. More so because we expect China's stocks to stay neutral, largely unaffected, when the next US market crisis occurs. For example, the Shenzhen Composite Index has among the lowest correlations of all major global indices to the S&P500 index at just 8 percent."

"But this has come at significant cost and, as the second wave in Victoria showed, success can be very fragile."

"China Eastern will gradually create a complete air network to connect all the major countries and regions related to the (Belt and Road) Initiative in the future," said Liu Shaoyong, chairman of China Eastern Airlines.

"China continues to focus on developing and improving its (financial) market infrastructure and the stock connect is a great example. If markets pull back in the short-term (amid trade frictions), investors should pounce to take advantage of the excellent entry point," Dehn said.