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"China Eastern is fully confident of accumulating experience in the commercial operation of Chinese-manufactured aircraft and supporting the progress of the nation's homemade jets in the broader aviation market," said Liu.

"But the county-level governments can only requisition the goods within their own administrative region. The expropriation of the goods from other parts of the country need to be operated by the State Council," he was quoted as saying by Beijing News.

"But still, there are plenty of uncertainties, and fluctuations are very normal. I don't worry about the influences (on the renminbi value), but you need to manage the fluctuations. It requires more instruments to hedge risks," Daniel Schmand, chairman of the International Chamber of Commerce Banking Commission and head of trade finance at Deutsche Bank, told China Daily on Wednesday.

"China has wonderful new courts, very experienced and knowledgeable judges. They have many important policies moving towards a stronger IP system," Rader said. He said both the US and China should work things out so that "Huawei can go back to doing business as it should.

"China has obviously managed the pandemic better than other economies so far. It has a lot of domestic space to be able to manage a strong recovery. A lot will depend on policy choices. But we believe that China has the opportunity to seriously expand its domestic economy," Richard Kozul-Wright, UNCTAD's director of the division on globalization and development strategies, was quoted by Xinhua News Agency as saying.