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"China's stance on trade war has been consistent and clear. We do not want, but is not afraid of a trade war.

"China's nuclear arsenal is extremely limited in scale, and poses no threat to international peace and security," he noted.

"Chinese companies are shifting their focus from quantity to quality. Instead of unveiling new products almost every month, they realize that one premium flagship model has greater appeal to consumers," said Xiang Ligang, CEO of telecoms industry website Cctime.

"China's continued economic growth and the expanding middle-income earners will also make the country a profitable market for South American companies," he said.

"Currently, staking has become the next target for many big name investors," Jiang added. "More than 80 percent of proof-of-stake blockchain projects and 40 percent of token suppliers have participated in the staking economy."