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"China is a developing country while the US is a post-industrialized country. A large part of their materials to make consumer goods and industrial products depends on imports," Zhou said, adding that tariffs will only leave the US with two choices—buying from China with a higher cost, or buying from other countries with uncertain quantity and quality.

"China has already risen as a major car manufacturing power and the largest automotive market in the world," Chen said. "But in terms of car exports, we have yet to achieve a global market share that matches these titles."

"China is creating mega unicorns at a fast pace, and some of the leading companies are now as big as comparable US firms. For example, Tencent is as big as Facebook," said Harry Man, a partner and founding member of Matrix Partners China, a venture capital company founded in 2008.

"By the way, there is no country more Nationalist than France, very proud people-and rightfully so!" he added.

"China has wonderful new courts, very experienced and knowledgeable judges. They have many important policies moving towards a stronger IP system," Rader said. He said both the US and China should work things out so that "Huawei can go back to doing business as it should.