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As the BRI continues to expand in scope, so do concerns over financial challenges, as China has issued infrastructural loans to some poor developing countries that are heavily in debt, creating potential for debt-sustainability problems for these nations.

As the country struggles to expand the supply of sanitary products amid the spread of the novel coronavirus, South Korea said on Thursday it will bolster its control over the production of key materials used in protective masks.

As the plant has revved up its capacity, it can now produce vehicles for other parts of the world after meeting the demand of Chinese buyers, said Tesla.

As the Chinese currency -- the yuan -- is not freely convertible under the capital account, the central bank has to purchase foreign currency generated by a trade surplus and foreign investment in the country, adding funds to the money market.

As pointed out by President Xi Jinping in his address to the 19th National Congress of the Communist Party of China in October, "Not only have their material and cultural needs grown, their demands for democracy, rule of law, fairness and justice, security and a better environment are increasing."