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"But what's really unusual is the nature of the crisis, driven by a deadly virus. This is the first time in several generations that we've seen a global economic downturn driven entirely by a social challenge."

"But we had much faith in this area," he said. "For one thing, adjacent infrastructure was under construction.

"China has attached great importance to intellectual property rights protection and all the regulations are made according to international regulations," Liang said. "International companies can rest assured that their patents will be protected in China."

"China is our most important market…it accounts for about 15 percent of the group's overall revenue," said Chua.

"China looks to me to be well on course to meet the 2020 goal. On my reckoning, 6.2 percent per annum for each of the next three years should do it. So there is even a bit of a cushion if things go slightly awry for any reason. China can now afford a bit of a trade-off between the quantity and quality of growth in future," he said.