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"China as a country is a quick adapter of new tech, so companies that might struggle to create a market in the US have an opportunity to get quicker market acceptance in China," he said.

"China is showing the way for the rest of the world, in terms of beauty sophistication, as well as e-commerce and the level of digital connectivity," he added.

"China is now one of our top five markets. Chinese consumers have the style consciousness of the French and Italians, and the spending power of those in the US," said De Jong.

"By referring to such cases, investors seeking legal help in similar disputes can get access to a simplified litigation procedure or apply for pre-litigation mediation to avoid lengthy procedures and receive timely protection and compensation," said Shan Suhua, director of a judicial tribunal of the court.

"China Unicom is losing weight faster and on a larger scale than we expected, which highlights the State-owned heavyweight's determination to rejuvenate itself with new passion," said Xiang Ligang, a telecom veteran and CEO of industry website Cctime.