The "beauty" of China is that the Chinese people like American culture and there is a real "emotional and humanistic connection" between the two countries, which is a strong connection to combine with commerce, he said.

Taking Iron Man 3 for example, Fenton said Marvel and Disney made that movie in partnership with a Chinese studio, and the movie ended up being the biggest box office hit at the time.

Collaboration on the movie between the two countries also fostered a commercial success, said Fenton, who has visited China frequently in the past two decades.

China has brought 400 million people into the middle class in the last 20 years, which is an adventure that no other country has ever embarked on, said Fenton, adding that "they are continuing to bring more into the middle class."