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"Having (Chen), an Old Fettesian, so closely involved in the project will also ensure that the ideals and philosophy of Fettes are adopted," said Tyre.

"Global cooperation to synchronize monetary policy must be high on the agenda," he said, adding that money authorities can deploy variants of special lending schemes that aim at to lower the costs of borrowing. "If economic and financial conditions were to deteriorate further, policymakers could revert to the broader toolkit that was developed during the 2008 global financial crisis."

"For the second half of the year, the government will intensify the measures for further reform and opening-up to inject new impetus into the economy and accelerate opening and development of the economy," he said.

"For example, Netflix is investing in really diverse content. They don't have to make one thing that appeals to everybody. Their productions can be quite unique and artist-driven," Minkoff said.

"For example, generally Chinese consumers don't want to wait for too long," he said, adding that Chinese retail companies were more engaged with the consumer, and thus were able to provide better and faster service. "If you want to pay, you take your phone and use WeChat (the online payment portal) and you can finish your shopping in an hour."