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"China is doing well. We have been growing a lot here ... We are very happy with the performance we have seen in this market and it is still early in its development. We have only been serving this market directly from the US for the last 10 years and so it takes time to build a more profitable franchise," said Bastian.

"China looked at all excellent patenting systems worldwide and has created and now manages what some leading patent attorneys in the West regard as the most professional and efficient patenting system to be found anywhere," said Barrell.

"Charity revenue is the barometer of China's socioeconomic development," she told China Philanthropist magazine, adding that the correlation needs more annual figures as proof.

"China first and the rest of the world next," Glaser said explaining the company's overall strategy. "The primary market for our new products is in China and then we will take it as a starting point to expand our businesses to other parts of the world."

"By 2025, Africa will be home to 200 million young people aged between 15 and 24, and a quarter of the world's population aged below 25 will be from Africa," he said. "Every year, 10 million Africans join the workforce."