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Bai Wei, a consultant at the World Federation of Chinese Catering Industry, said instant noodles are no longer seen as a cheap food alternative for migrant workers and students. Many products are now seen as healthy and flavorful food products and alternatives to regular dining choices, especially for people who do not have enough time to cook.

Back then, no one was 100 percent confident that the Sung family could win. After all, there were more than 200 counts of indictments, and Abacus had to be found not guilty for every one of them.

Bao Anrong, who retired from the company's procurement division last year, still remembers the first batch of 100 Santanas that rolled off the production line in 1983. After the groundbreaking ceremony of the Sino-German joint venture, one of the top executives told him that soon there would be more cars on the roads than he could imagine and that he himself would be the proud owner of one.

Barbie and Thomas the Tank Engine are helping Mattel cash in on the licensing market in China

Baolong is not alone. Companies feeling the pinch of Sino-US trade tensions have likewise adopted their own measures.