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"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.
"But those who survive will be very excellent, just like the survivors in the mobile phone sector."
"China is now too important a market to ignore because investors can find the kind of growth opportunities here that are rarely available in other parts of the world," said Jeff Li, a London-based global equity fund manager at EFG Asset Management.
"China is now a fascinating place for foreign investors. I've seen China become much more open toward foreign direct investment," said Khaldoon Khalifa Al Mubarak, group CEO and managing director of the Mubadala Investment Company.
"But my staff don't want to go there yet because they worry about their daily lives," said Cao. "They are concerned about public services in a new area at this early stage.
