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"For my birthday, I can think of no better gift than connecting my global family with this beautiful country and the children who need our help most," Madonna wrote.

"GE's clients own their final data. And it is technically feasible," said Duan, adding that the issue was actually an old one, as previous collaboration with Chinese customers in hardware products had touched off such debate and GE backed up its promise with real work.

"Globalization is what is inevitable for a conglomerate to develop into certain scale because only in a global market could business efficiency and competitiveness get enhanced," said Chen.

"Foreign firms tend to have extensive international experience and they are strong in business areas such as principal securities trading (where the securities firms use their own capital for capital market investments to realize higher profits), capital and fixed-income, foreign exchange and commodities markets. Their presence will bring more competition and force local securities firms to accelerate development, which will help energize the Chinese market, and boost the regulator's goal to further open the financial industry," Zhang said.

"For the most part, everyone I've been talking to has a plan. But to quote Mike Tyson, 'Everybody has a plan until they get punched in the face,'" said Scott Schneider, a lawyer in Austin, Texas, and consultant on higher education.