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As he fled from country to country, Chinese judicial authorities have enhanced their cooperation with foreign counterparts to help freeze and confiscate his illicit assets overseas, the NCS said.

As far as the UK is concerned – and I can talk specifically about the impact and outcomes in the West Midlands and Birmingham to give an example – Chinese investment in infrastructure, such as housing has already occurred with many more different types of investments under discussion and consideration. Indeed, I hosted a large delegation recently at our University where we as a city showcased many opportunities for win-win investment partnerships including, High Speed 2, one of the biggest infrastructure in this country.

As a country that has benefited hugely from opening up, international trade and investments in the past 40 years, China is now a major champion of globalization. The value of China's foreign trade in 2017 rose 14.2 percent year-on-year to .34 trillion and will only continue to grow.

As a result, the Chinese economy is healthier as it shifts from high-speed growth to high-quality growth.

As President Donald Trump is taking a tough stance against China on trade, investors are keeping a close eye on China's holdings of US treasuries. But market analysts say China is unlikely to use dumping US treasuries as a tool for retaliation, as it would come at a heavy cost to both countries.