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"China's strong performance on the Midas List demonstrates that the country is continuing to produce a number of high-growth and highly-valued companies. While sometimes unknown in the US, these businesses can become globally significant, such as with Bytedance, the owner of popular app TikTok (known as Douyin in China), and they generate returns any venture capitalist would desire," added Konrad.

"Criticizing other people may make some people feel good, but it really does not solve the problem of the US domestically," he added.

"China welcomes and supports the meeting, and looks forward to more good news from the Korean Peninsula," he said.

"Competition in the home appliance sector is highly fierce in China. In terms of volume, the market demand in China has entered a stable and mature stage after a slight drop recently. But in terms of value, the market scale of China is growing constantly at 4 to 5 percent annually," he said.

"China's role here is preponderant in photovoltaics. They really are the ones who set the pace in technology, the price of the panels and providing the panels," Persello said.