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"China Minmetals was one of the earliest participant in China-Chile economic cooperation," Guo said, noting that the company imported China's first shipment of electrolytic copper from Chile and inked a 15-year-long sales deal with a Chilean copper producer.

"China does not want to see escalating Sino-US economic and trade friction, but is prepared for all possible scenarios," Gao said.

"But we do believe that our action will provide a meaningful boost to the economy," said Powell. "More specifically, it will support accommodated financial conditions and avoid a tightening of financial conditions which can weigh on activity and will help boost household and business confidence."

"China hopes Norway will provide a fair, just and non-discriminatory business environment for Chinese enterprises' investment and operation in Norway," he said.

"China has recovered from the pandemic in an exceptional manner. We have seen the quick recovery of the Chinese economy and the construction industry that Caterpillar serves. In our segment, the Asia-Pacific region has remained largely positive in the third quarter, driven by the continued strong demand in China," said Chen Qihua, vice-president of China operations at Caterpillar.