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"But there is no doubt that digital currency is the currency of the future, and it should be managed under some regulatory frameworks," he added.

"China has further reduced restrictions on market access by foreign investors and now allows foreign investment throughout China in sectors where it was previously permitted only in pilot free trade zones," said Paul McKenzie, managing partner of Morrison & Foerster's Beijing office. "Strong headwinds will likely continue at least until the US-China trade relationship improves. Perhaps a more dramatic set of further amendments to the negative list will come out of the current trade talks," McKenzie said.

"By setting up this portfolio, we hope to develop a proof of concept that over time we will mobilize other like-minded investors to join us in cultivating an ESG market in Asia," Lee said.

"China offers me a lot and has become a second home for me," Nkengurutse said.

"China needs to make a big push to unleash its huge domestic demand potential, move up the industrial and value chain and drive digital transformation," Wang said. "To better satisfy the need to upgrade, China should also focus on driving industrial innovation, improving the industrial support system and cultivating high-quality talent."