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"China and the US have had turmoil, and (the toy) is all banged up. It's got gloves on, and it says I want a hug," Loeffke says humorously.

"CIIE provides a great platform for us, it will provide strong exposure for the firm through meetings with high-level government officials, influential trade professionals, including lots of existing and potential customers," he said. "KPMG will bring the latest digital innovations and technology to this year's expo in audit, tax and advisory services."

"China is so integral to global supply chains for many products that a good portion - but not all - of the tariff impact will be passed onto US consumers. US firms will be the bigger losers," he added.

"China has an immense goods trade surplus with the US, but the country's huge trade deficit in services reminds one of the comparative advantages of each country in terms of the manufacturing and service sectors, and demonstrates the complementary traits of their differing economic structures," Long said.

"China has always been conducting favorable policies and it will further enhance its appeal to foreign investors, thereby combating the decline in advantages China used to have and the fierce competition for foreign investment from other countries," he said.