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"By doing so he is going to put about 800,000 people out of work. He proposes no solutions for those folks to continue employment anywhere," Smith told China Daily. "He puts at risk the pensions of hundreds of thousands of retirees with no solution on how to fix that problem either."

"China calls on the relevant parties to exercise maximum restraint, do the utmost to return to dialogue and consultation without delay, jointly work for the de-escalation of tensions and uphold the JCPOA(the Joint Comprehensive Plan of Action)," said Zhang, referring to the nuclear deal struck between Iran and world powers in 2015.

"Can you freestyle?" has become an immensely popular phrase on China's social network recently. [Photo/Official weibo account of The Rap of China]

"Cheap and abundant labor is the most often-mentioned comparative advantage of developing countries. However, this has not been the only reason for the robust development of China over the past four decades," said Fan, also chairman of the China Development Institute.

"China calls for trade disputes to be settled through discussion as equals, opposes trade protectionism, and will resolutely safeguard its lawful rights," he said, noting that the country is ready to work with all parties to advance multilateral trade negotiations.