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"China is everywhere in the media today. Being a player globally, China grows rapidly," said Beck, who was Canada's consul general in Shanghai in 1999, when Shanghai's development was beginning to take off.

"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.

"By verifying these homes, we make sure the houses come fully stocked with shampoo, toilet paper, pots and pans, and have a general level of cleanliness to meet higher expectations from travelers," he said.

"But the 0 billion valuation is undoubtedly too high even by the standards of Chinese companies' high price-to-earnings ratio. Xiaomi's market performance can by no means support that," Shen said. "Something between to 0 billion is more likely."

"China has played an important role in the growth of this business segment," Tikal said. She said due to Dubai's convenient location and visa on arrival policy, there was also an increasing demand for small-scale conference services from Chinese businesses.