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But last year, China's nominal GDP reached .39 trillion, with the US' being .56 trillion, just 1.63 times that of China. But more importantly, China surpassed the US in terms PPP based GDP - .27 trillion compared with .56 trillion. In percentage terms, the US' purchasing power parity-based GDP was about 87 percent of China's.

But box-office receipts still account for more than 90 percent of overall income of hit Chinese films, he said.

But facts are more eloquent than words. During his first year in office, Trump has announced the withdrawal of the US from the Paris climate accord and the United Nations Educational, Scientific and Cultural Organization. He has also cut funding to the United Nations and threatened to kill the Iran nuclear deal. The US president has defied the strong global will against recognizing Jerusalem as the capital of Israel.

But it is "regrettable" that it frequently comes with a clear partisan political agenda that is "highly inappropriate" in this time of global crisis and widespread human suffering, Thornton said.

But Ford added that it is too early to estimate implications of the coronavirus outbreak on its business in China.