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"Changes are coming so much faster these days than in the past. By the time you finish analyzing all the data you're given, it's too late to act," he said, adding that qualified leaders should be able to act in an environment of imperfect and incomplete information while quickly correcting the mistakes they have found in the decision-making process.

"China can adopt effective international practices while charting a path that befits its unique characteristics."

"China and the United States are the two main pillars for Infiniti by far, and China is the most important at this stage because it is the one with the highest potential of growth," said Christian Meunier, vice-president of Infiniti's global marketing and sales operations.

"China is advanced in multiple fields and we can learn from them, while in some areas, Pakistan is in a better position so we can share our expertise and experiences with them," Chaudhry said.

"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.