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Analysts said the Philippines has a strong fiscal position and they expect the government will use it to mitigate the impact of the pandemic on the country's economy. The Philippines' GDP contracted by 0.2 percent in the first quarter and the country's economic managers forecast that this year's GDP might decline as much as 3.4 percent－the first contraction in more than 20 years.

And then, they should consider dropping all preconditions, and agreeing to sit down and dialogue with the various different parties involved in this mess with the intention of creating a meaningful path forward.

And, of course, the uncertainties over U.S.-China relations under the Trump administration are ever present for those working with companies on both sides of the Great Wall. If China figures out a more direct way to place tariffs on cloud computing, or if young Chinese technology workers educated by U.S. universities decide to come back home in greater numbers than they currently do, the competitive balance could shift even faster.

And with China's deeper engagement with other countries, companies are seeking new opportunities in the global market. The Belt and Road Initiative, proposed by China in 2013, is one strategy in which businesses see huge potential.

Analysts believed that with constant optimization of the regional structure, the efficiency of resource allocation has been improved in an all-round way, leading to faster formation of the driving force for high-quality development.