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"But the Emperor has nothing at all on!" said a little child in Andersen's tale. Fiction can represent certain truths, truths often more apparent to those who have yet to be fully tarnished by tales told by those who choose to oppress or create fear in order to justify their own existence. For what greater purpose does government serve than to protect? And what need for protection unless there are enemies at the gate who threaten our ways of thinking, being? Even when these ways have gone astray.

"China has been one of the big funders of mining globally, including in Canada," said Spence. "If you look around the world, in the past few years, the real two big funders were China and private equity, while the traditional financiers-commercial banks-were out of the market, so China was seen as a big source of alternative finance."

"China is key to our future growth as it currently represents a quarter of our portfolio. The opening of Fraser Place Binhai Tianjin is significant as it underlines our ambitions to grow our presence in China," said Choe Peng Sum, CEO of Frasers Hospitality.

"China is evolving, and we are becoming better and smarter in the country. We inject talent and resources here, rooting in China and growing with Chinese partners," Lien said.

"But, for the most part, prices are negotiated well in advance so many will be incurring a significant blow to their profitability," Mond said.