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"China has now become the second-largest economy, and in the coming decades it will be the largest economy. So, China's leadership has much more responsibility down the road," he said.

"China cannot, does not want to, nor will it replace the United States as the leader of the world. So we are facing a fragmented world, which makes me very uncomfortable," Chan said.

"China is an important market for Nomura, and Lu Ting's appointment is further evidence of our commitment to building up our China expertise," said Toshiyasu Iiyama, Nomura's executive chairman, Asia ex-Japan, and head of China Committee in a statement.

"China has an intersection of craftsmanship and computer science, (which is) rarely found in other places. The country is a big market, but for us the No 1 attraction is the quality of people," Cook said at the ongoing 2017 Fortune Global Forum, which is being held in Guangzhou, capital of South China's Guangdong province.

"China is a country really heavily investing in its talents. And because the credential is globally recognized, it shows China's openness of business to the rest of the world," he told China Daily.