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"Even if the founders of an education group have great ideas on what kind of kindergartens they want to run, it's still hard for the management team of each kindergarten to carry out the ideas," Liu said.

"Essentially when we talk market, we talk goods, we talk transportation," she said, adding that the BRI could help African countries move those goods much faster.

"Developing an international patent portfolio is a much more expensive exercise, given the higher patent filing and associated translation costs. This demands a focus on quality and on prosecuting only those patents that offer real commercial advantage," said Smith.

"Failure to adapt to the changing demands of Chinese consumers and retaining the same business model for years were held as the major reasons for the exit of E-mart in China," said Yu.

"Expansion requires a lot of resources, including finding suitable locations, negotiating the rent and finding the right type of landlord. CITIC Bank's 1,400 branches across China would be able to better share resources and help with the expansion," said Zhang Yichen, chairman and CEO of CITIC Capital, who will chair McDonald's China business.