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And it is all the more surprising that this mentality appears to prevail given the welter of recent cases where Chinese companies have not only invested heavily in struggling UK and European companies but have continued to build ever more competitive Sino-UK corporate partnerships.

Analysts from Huatai Securities pointed that liquidity condition of listed companies has improved in the first quarter, with nonfinancial companies' cash flow generated from business operations having begun to cover the cash flow needed by investments.

And British online retail group Asos also pulled out of China in 2016 after it failed to compete with large, native e-commerce retailers.

And he rubbed salt into May's wounds by saying in an interview with Britain's tabloid Sun newspaper that former foreign secretary Boris Johnson, one of those who engineered her ousting from office, would make a great replacement prime minister.

And it comes at no better time as US President Donald Trump will start his first state visit to China in a few days and misperceptions about China are somewhat rife at the White House as well as in average American households.