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"China is opening up faster than most people believe or think," Henry Fernandez, MSCI's chief executive officer, said on Thursday. "We do not see any regression on that. If anything, we see a speeding up."

"China is taking the lead in the electric vehicle market as there is a real government push to clear the air," said Bill Ford, executive chairman of Ford Motor Company, at the 2017 Fortune Global Forum this month.

"China does not have significant domestic production," Kornbluth said.

"Cheap and abundant labor is the most often-mentioned comparative advantage of developing countries. However, this has not been the only reason for the robust development of China over the past four decades," said Fan, also chairman of the China Development Institute.

"But there is a very good chance we will make a new agreement or do something to put that agreement back together," Trump added, without elaborating.