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But a trade dispute involving China, the US or other nations has the potential to produce inefficiencies and disruption in the world supply chain that "may create significant risk to the downside, perhaps in 2019 or 2020", van Ark said.

But later in the day, the Pentagon reversed course on a move to send active-duty troops home from the Washington DC region. The military has pre-positioned 1,600 active duty forces on the outskirts of the capital, to deploy if needed, Reuters reported.

But Zhao said that extent of the project's positive impact on economic growth could be limited because it depends on the course of monetary policy.

But many US-based suppliers are nonetheless scrambling to take advantage of Chinese demand for ractopamine-free pork.

But due to the short history of the Chinese bond market and its relatively rapid expansion, some of the basic rules and regulations have not properly addressed the characteristics of bonds thoroughly. Therefore, the legal system concerning bonds should be completed at a faster pace, Pan added.