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"China is not only the largest market for Porsche, but also the market that has the biggest increase," the CEO noted. As of now, Porsche operates 116 sales outlets in China, of which 14 were newly established last year. Two more new dealer stores are scheduled to be founded in China this year.

"China has been a leader in testing, tracking and treatment, as well as lockdowns and social distancing," Sargent said during the 2020 Global Venture Capital Online Conference, adding that the Chinese government's fiscal and monetary policies have proven effective.

"China has a lot to offer to the world, and it will be able to bring its experiences to the world, in markets like the United States and Europe," he said.

"Buying a gaming PC is expensive, but everyone now owns a mobile phone, so any kid can get a cheap mobile and start playing games," he said.

"China has a vision for the future and its political culture is not about stunts and distracting spectacles," said Pastreich.