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"Car sales will be further affected in the short term."

"By providing conveniences to more people, sharing economy separates the ownership and usage of products, which is hard to define in terms of responsibilities of both parties," said Lu Wenhui, a consultant with Aon-COFCO, a Shanghai-based insurance broker.

"But now, things have changed. You need to climb to the top to be a winner. After five years of a quiet market, domestic as well as overseas demand is slowly pulling back this year. It poses a new challenge to XCMG."

"China cannot, does not want to, nor will it replace the United States as the leader of the world. So we are facing a fragmented world, which makes me very uncomfortable," Chan said.

"Certainly the best outcome would be an agreement for complete and total denuclearization," she said, "but this is the beginning part of these conversations ... And we've been pretty upfront about that."