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"Designation was blatant/errant political act," Sobel tweeted Monday.In a recent statement, the People's Bank of China, the central bank, said China will continue to let the market play a decisive role in exchange-rate formation and keep the renminbi's exchange rate generally stable at a reasonable and balanced level.

"E-commerce boom is fueling the jewelry industry turnaround," said Neil Wang, president of consulting firm Frost & Sullivan China. "More traditional jewelry groups such as Chow Tai Fook, Chow Tai Seng and Swarovski have stepped into the online retail business, where they saw a better performance.

"Drug developers spend a lot on research, so intellectual property rights in the industry should be strongly protected, particularly as sustained innovation will help us continue to obtain safe medicines and fight diseases."

"Doing many different things gave me the opportunity to see how society really works. The perspective on life that formal education provides is far too limited."

"Elderly people normally don't want to leave the communities where they live, so since 2014 we have been building elder care centers embedded in residential neighborhoods," she added.