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"But we have a broader model. And what we are looking for are Chinese universities to work with that have the objective of having the most impact on the whole of society. And that's the whole external US-China education bond."

"China has developed rapidly over the years, but over the next five years, we would expect it to develop even more rapidly on the back of more and more innovation," he said.

"China is a very strong and very important country for us," said Arthur, who praised the quality of the Chinese students and their work ethic.

"China did this to safeguard its territory and sovereignty, the basic principles of international law and the basic norms of international relations, as well as justice," he said. "China believes that the right cannot be wronged, and justice will prevail."

"Certain areas in the European Union, in the United Kingdom and in the US, they have not been benefited and they feel they don't fit in globalization," he said.