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"China's economic fundamentals are better than in 2015 and 2016, and the yuan has got rid of unilateral fluctuations," Dai said.

"Clearly, it's disruptive for us. It's disruptive for our customers," Quincey said on the company's earnings call last week. "But I think the conversations have been about how this is going to work for each and every customer."

"Compared to the downturn seen in smartphone demand and many other segments in the first six months of this year due to the devastation caused by COVID-19, the smartwatch remains a popular consumer device segment," said Sujeong Lim, senior analyst from Counterpoint Research.

"Corporations have to pay tax and avoid illicit financial outflows. Governments have to close tax loopholes which rob the poor of the money required for healthcare, education and development," she said, noting that Africa loses over billion per year in illicit financial outflows.

"China's priority is to deepen its integration with the world, and next month's expo is a message loaded with meaning. It is a concrete demonstration of China's opening-up," said Castro, head of the Strategic Planning Institute in Argentina and regular contributor to Argentine daily Clarin.