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Dai Bin, president of the China Tourism Academy, said the pandemic had taken a toll on China's tourism industry in the first half of the year, but it was expected to rebound after the authorities approved cross-provincial group tours.

Dahl, who referred to Amazon’s early years as “wacky” and “intense” and “exhilarating,” recalled a lot of the experimentation that went into trying to figure out how to make the company work, the constant tinkering. One year they would order books from publishers, then they would look at the metrics and switch to ordering from wholesalers. They’d look at the numbers again and switch back to publishers.

Data have showed an increasing number of overseas Chinese students who go back to China to work. Li Haozhuan, CEO of the recruiting firm Liepin North America, said that there were about 480,000 students returning to China in 2017, 520,000 in 2018, and this year's number is forecast to top 600,000.

Darren Tay, an Asia risk analyst with Fitch Solutions, said: "It is difficult to ascertain which countries are already benefiting from the trade war."

Dallas-based American Airlines suspended its US-China passenger service in February, and announced earlier that it planned to restart flights connecting the two countries on Oct 24.