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"But the end is here, and here I stand, becoming more powerful than he will ever be," she said.

"But today the tables are turned. The best domestic banks in China actually have better capabilities and more skills than the international banks in their consumer banking units here in China. So we are going back and learning from the domestic banks about how they evolve their business models here, how they partner with some of the most advanced fintech companies in China, and how they are redesigning customer experiences and customer journeys through their mobile and online platforms," he said.

"China has established industrial parks - improving infrastructure and the business environment - to reduce transaction costs in them," Lin wrote.

"But there are some worrisome and destructive forces at work on all sides of the bilateral relationship and the global environment that could lead us to a very unfortunate end," the former chairman of Morgan Stanley Asia warned.

"China is Siemens Healthineers' second largest market after the United States ... China is probably one of the main contributors of our future growth as the country has the greatest economic growth potential. For most medical companies, China's success determines whether a company can achieve growth, as this is one of the key growth contributors," said Wang.