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"China is one of the top three markets for Air Liquide, with its contribution to the group in terms of revenue increasing for the past few years," the executive said.

"ChengWeiKongJian was set up to ride the wave of China's consumption upgrade and online sales. In the future, Hsu Fu Chi and JD will strengthen cooperation in fields such as supply chain, big data and intelligent digital marketing, to bring more vitality to the time-honored snacks brand," said Lam Yim, CEO of Hsu Fu Chi.

"China has become a major market for US exports including high-tech goods, machineries, agricultural products and consumer goods. A trade war will definitely not be in the interest of the US," he said.

"CDC China had a very consistent message and told people exactly what they need to do. Sometimes when people didn't wear a mask, there was enforcement," he said. "We know in the United States when you recommend something and you don't enforce it, sometimes it doesn't work."

"China has enough policy reserves of conventional measures and does not need to follow some advanced economies to enact nonconventional measures, such as zero interest rate or even negative interest rate," said Dong Jinyue, China economist of Banco Bilbao Vizcaya Argentaria, a Spanish bank.