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"China had managed to test 9 million people for SARS-CoV-2 in Wuhan" within weeks, it noted, adding "It set up an effective national system of contact tracing."

"China is adding great stimulus to its economy while at the same time keeping interest rates low," Trump tweeted on April 30. "Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening."

"China has accumulated rich experience that can be used to study key issues, opportunities and challenges related to digital technology," said Bengt Holmstrom, who is a 2016 Nobel laureate and an economics professor at the Massachusetts Institute of Technology in the preface. "At a time when almost all economies are increasingly being built on digital foundations, this is timely indeed."

"Caixin PMI readings in January showed that the Chinese economy had a good start to 2018," Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, said.

"China has fully opened up its manufacturing sector, and the level of opening-up in services, including the financial sector, is being stepped up," he said.