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"China is one of the most tech-savvy countries where consumers are responsive to embracing the latest things and trends worldwide, creating new opportunities for foreign firms," said Hammes.

"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 and the US, the two major countries, bear special duties in this regard," he said.

"China demonstrated its independent pursuit of mastering key technologies in large passenger aircraft manufacturing," he said. "It has also created valuable opportunities in global aviation."

"But now China has become the largest trade partner of Lebanon and many other Arab countries. One can never avoid 'Made in China' products in daily shopping," Kassar said.