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"China is leading the world in terms of new and fast-growing tech companies and that's exciting," he said. "The amount of capital being invested into startups is unprecedented and there's no indication that's going to change anytime soon.

"China is awesome," Mitton added. "I might be a little biased, but I am really impressed with Chinese innovation."

"China lodged solemn representations," the Ministry of Commerce said, about the Sept 1 tariffs.

"China has yet to become a leader in this sector, but it has surprised the world in many different sectors before," said Fu.

"China has an aging population and declining birthrate, making it more important for people to build wealth and plan for their retirement. That means they will have to make a shift from savings to making more financial investments," he said.