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"Despite the shelter-in-place in the first quarter, Baidu's total revenues declined just 7 percent year-over-year, resulting from our diversified revenue streams, including marketing services for wide-ranging industries, new AI businesses and iQiyi. With the pandemic coming under control in China, offline activities are rebounding and Baidu stands to benefit from a restart of the Chinese economy," said Robin Li, co-founder and CEO of Baidu.

"Facing raging infectious diseases such as COVID-19, no country would be able to go unscathed," said Ren Lin, head of the institute's Department of Global Governance.

"Entrepreneurs have taken the government's signals to heart and are avoiding investment that may be subject to unstable trade policy impulses," Paal said. "Predictable policy to support manufacturing would do just that. Trump's efforts are the opposite of predictable."

"Don't ever underestimate the resolve and strength of the central government and the Chinese people to maintain Hong Kong's prosperity and safeguard the fundamental interests of the nation," he added.

"Dulongjiang is a reflection of the Party's resolve to eradicate poverty, an example of how no efforts will be spared and no stone left unturned to achieve that mission. We Derung are such a small community in such a remote part of the country, but look around you here, look at the support we get," said Mu Wenjun, 29, deputy director of the township's Kongdang village.