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Boehringer Ingelheim, a German pharmaceutical company, said that its attendance at the expo has been fruitful, with purchase agreements totaling 200 million yuan being made in last year's expo. The company's medicine "Jardiance", which is used to treat diabetes, was also included in the national reimbursement drug list.

Both China State Shipbuilding Corp and China Shipbuilding Industry Corp, set up in 1999 as the result of the breakup of the former China State Shipbuilding Corp, were headquartered in Beijing.

Bob Phibbs, CEO of The Retail Doctor, told China Daily: "The trade war with China, and the tariffs and the (Hong Kong) unrest in China have all had an impact. The consumer does not like uncertainty. … For most consumers these days, auto sales have been tapering off for a while now. Sales of the biggest priced items are showing that the consumer is nervous, and I don't think anything looks like a quick fix. Even Brexit and all that stuff they're doing over there isn't helping. There is no certainty out there for us."

Bloomberg first reported Friday morning that Bear Down Logistics, an Amazon delivery partner, was shutting down operations in five states and cutting 400 jobs.

Bilateral trade between China and South Korea amounted to 922.71 billion yuan (2.23 billion) during the first half of this year, down 2.6 percent on a yearly basis as many businesses from both sides were affected by the contagion since January, data from the General Administration of Customs showed.