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"Compared with our October 2017 projection, which preceded the recent US tax and spending changes, we now expect the United States' current account deficit for 2019 to be roughly 0 billion higher," he said.

"Continental is committed to providing mobility solutions and services to people and goods, and we see China as the market primed for services.

"China's economy has reached a point where it cannot be adversely affected by trade protectionism of the certain country. China now has the largest foreign exchange reserve in the world," Cairo-based economic expert Abu Bakr al-Deeb told Xinhua.

"Clearly the growth of China is significant for us," he said. "China is the No. 2 economy in the world, and a major trading partner, and we have closest proximity."

"Chinese tourists are becoming more and more important for the tourism industry in Barcelona, and by cooperating with Baidu, we are expecting to bring more Chinese travelers," said Bas.