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"China is much further along its post-COVID recovery path," said Paul Colwell, head of Asia advisory portfolio group at Willis Towers Watson. "The way policymakers act in response to changes in the economy, monetary policy, fiscal policy ... China operates at a fundamentally different frequency to the rest of the world," he added.

"Chester Bennington was an artist of extraordinary talent and charisma, and a human being with a huge heart and a caring soul. Our thoughts and prayers are with his beautiful family, his band-mates and his many friends," Warner Bros. Records CEO and Chairman Cameron Stang said in a statement.

"China is now one of the most important economies in the world," she said. "We should have the confidence to understand that we no longer need traditional Chinese features to define our design.

"But the overall process will not be quick because it spans too many businesses and several different groups," said Zhang at Sublime China Information Group. "The negotiations will take a long time."

"China has demonstrated a strong willingness toward de-risking," said Nicholas Zhu, vice-president and senior credit officer at Moody's Investors Service. Zhu said global credit ratings agencies are keeping a close watch to see if financial leverage increases due to the stimulus measures for curbing downside pressures on the economy.