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Chinese businessman Jackson Zhou, 27, boarded a flight from Beijing to Seattle, Washington. Scheduled to arrive at the Seattle-Tacoma International Airport on Sunday morning, he was among the last group of Chinese citizens to be allowed entry into the United States before a temporary travel ban went into effect Sunday at 5 pm ET.

Chinese companies look to stay a step ahead to meet high-tech demand

Chinese commercial banks provided more than 10 trillion yuan (.41 trillion) of new loans in the first five months to cushion economic shocks triggered by the novel coronavirus. The smaller lenders, however, may face the strain of rising non-performing loans in the second half, and special policy tools are needed to prevent large profit drops in the banking sector, advisers said.

Chinese apps were not the direct targets. More than 27,000 apps in the United States were also pulled from App Store in June, the report said.

Chinese economic growth has stabilized at a range of 6.7 to 6.9 percent for 12 quarters in a row, said Ning. In the first half of the year, the economy grew 6.8 percent year-on-year.