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Ant Financial's Alipay held 55 percent of China's mobile payments market in 2016, down from 68 percent just a year earlier, according to iResearch Consulting Group. Meanwhile, Tencent's climbed from 21 percent to 37 percent from 2015 to 2016.

Ant Financial, Alibaba's financial unit, has invested 2.06 billion yuan (1 million) in second-tier bike-rental player Hellobike, giving the latter a unicorn valuation of .47 billion.

Anthony Jackson, vice-president of the Center for Global Education at the New Yor-based Asia Society, a nonprofit, nonpartisan educational institution that focuses on connecting the people and institutions of Asia and the US, said that in the last 10 years there has been an increase of interest among students in the US to learn Chinese.

Anthony Fauci, a top US infectious disease expert and director of the National Institute of Allergy and Infectious Diseases, has said that he will be Biden's chief medical adviser.

Apart from seeking for more business growth drivers in China, foreign banks are also eyeing more opportunities for doing business with Chinese companies overseas as an increasing number of the firms are expanding their global footprint, especially in the economies participating in the Belt and Road Initiative.