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"Currently the rules are very much what I call unfair to China. They allow countries to slap tariffs which are far greater than anyone would reasonably argue are appropriate," said Yukon Huang, former World Bank country director for China.

"Chinese students usually do well in basic subjects, such as mathematics, physics and chemistry. But when it comes to subjects that require problem-solving ability and creativity, they lag far behind their counterparts in the US," says Wang Huijuan, mother of a 6-year-old boy in Shenzhen.

"Consumers are going back to trust bigger brands amid the uncertainties … so that in many ways the growth of insurgent brands has slowed down," Lannes said.

"Companies are not only employers but also incubators of talent and skilled people," he said. "We will offer great support to companies to let them train and evaluate workers online amid the epidemic, and better ease the labor shortfalls."

"Chinese companies don't have a long heritage of going abroad. But British companies, for instance, have been doing this since at least the 1600s with the East India Company. Companies like BP and Shell are globally-minded organizations, while Chinese companies are more Chinese-centered," he says.