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"But production has still declined by around 500 million so far this year compared to 2016," Cao added, declining to disclose the exact number minted or overall coin production.

"China is already incredibly innovative in so many areas. There are apps and business models that can only be created here," Cook said.

"China has some lessons ... and insights to share with the rest of the world," he added.

"China is a big place, and adding (China) capability seems to be the opposite of creating a more focused business. To deliver service is such a huge country a non-indigenous telco needs boots on the ground which both their existing partners can provide but BT by itself will be unable to do this for quite some time."

"China Merchants Port will also use its global port operation experience to help TCP continue its success story as one of the leading port industry leaders in Brazil and Latin America," he said.