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"Faced with those limitations, the president will do everything he can. If closing the ports of entry means that, that's exactly what he intends to do," Mulvaney said. "We need border security and we're going to do the best we can with what we have."

"Despite the impact of the novel coronavirus outbreak on consumer loans and credit cards in the short run, we estimate that as the outbreak is effectively contained step by step, the consumer finance market still has tremendous potential, especially because of consumption upgrading and consumption quality enhancement," Ji said at a news conference.

"Everything is made in China, even a plastic cup," Ferman said. "If you make ... it more expensive (through tariffs), then all of our things will be too expensive. So we will end up taking too much money from the consumer's pocket. We cannot afford it."

"Even with ongoing economic uncertainty, both domestic and foreign investors are still highly confident about the Beijing market – and with more tradable assets becoming available, we believe that now is the time to get into the market," said Michael Wang, Head of Capital Markets for North China at JLL in Beijing.

"Deglobalization sounds good until you need to design a product in a competitive marketplace," the report said, adding that globalization happens because it creates value and broadens a corporation's capabilities.