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"Globalization has boomed over the past few decades… . Healthy international cooperation has kept prices lower for consumers and helped keep production high. However, in the long term the process will not be smooth, and globalization comes in ebbs and flows."

"For digital lenders, such advances open up a blue ocean with a long tail of around 600 million Chinese borrowers who were traditionally considered below-prime and too risky to lend to," said Cliff Sheng, Oliver Wyman partner and author of the report.

"Foreign investors — they're cancelling a lot of their trips. A lot of people are — I mean I have a meeting tomorrow with local investors who are thinking about moving their money out of Hong Kong. But I personally believe Hong Kong will become strong very quickly after these events end. Because we have great fundamentals. The fundamentals for me are, common law, independence of the judiciary, free flow of information, people and capital."

"For international cooperation, there is no platform more promising than the Belt and Road Initiative," Lam said.

"Furthermore, it will promote port development in the delta, enhancing the global competitiveness of ports in China," he added.