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"But this gentleman simply equated economic improvement with personal improvement, assuming that this is what would happen," she said. "But in China, this is the case — there's been extraordinary degrees of improvement in the lives of people."

"China has placed unprecedented importance on attracting foreign talent since 2012," said Zhang, who is also director of the State Administration of Foreign Experts Affairs.

"China has an edge over many other countries in terms of promoting the development of open banking, since Chinese bankers are embracing change with an open mind," Wang said.

"CREC is committed to creating a platform for China-Malaysia strategic cooperation and innovation exchange, establishing a model of CAZ globally, fostering Malaysia's digital innovation hub, and creating an image of world-class city for Kuala Lumpur as a connection for transport, finance, data, cultures, enterprises and industries."

"But when prices of companies stop declining and start to rebound, it is a clear sign of bottoming out. As long as these companies are healthy at the financial and operational levels, investors can feel confident to hold a long position on them. In the long run, China's A-share market will pick up slowly but the bullish performance can be expected for about 10 years," he said.