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"By doing so he is going to put about 800,000 people out of work. He proposes no solutions for those folks to continue employment anywhere," Smith told China Daily. "He puts at risk the pensions of hundreds of thousands of retirees with no solution on how to fix that problem either."

"China has many world-class investment opportunities. In many cases we don't need to look abroad for shares with high-growth potential because we can reach them domestically," said Iris Pang, China director and economist of ING, a Netherlands-based global financial institution.

"China has unmet demand for quality medical and pharmaceutical services. This implies a huge market for US companies," he said.

"China has made great progress, but if you reflect back, the Global Findex showed that we went from the low 60s to about 69 percent of people in the world covered in terms of financial access," Kim said, referring to the finding that 69 percent of adults around the world, or 3.8 billion people, have an account at a bank or mobile money provider, up from 62 percent in 2014.

"China is not in its bones a nation state but a civilization state. China has always had to accept a great deal of diversity across the country. Nation states such as in the West, where there is much greater homogeneity, would not be able to tolerate that difference," he said.