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"Despite the heated talk on trade, I remain an optimist about US-Chinese relations, economic and otherwise," said Drew Bernstein, co-head of the China practice at Marcum Bernstein & Pinchuk and an auditor of Chinese IPOs in the US. "I can tell you that we are getting more inquiries about US IPOs from China right now than at any time in recent memory."

"Economists nearly unanimously agree that tariffs have negative economic effects, and this has been observed time and time again when countries impose tariffs," said Erica York, an analyst with the Center for Federal Tax Policy at the US Tax Foundation, who wrote the report titled The Impact of Enacting President Trump's Tariffs. The foundation is an independent tax policy nonprofit.

"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."

"Delisting all poverty-stricken counties indicates China has resolved the millennia-old issue of extreme poverty," Gao Gang, a researcher with the Guizhou Academy of Social Sciences, was quoted as saying by Xinhua News Agency. "It also means China has entered a new phase of development."

"Don't assume because you're out and about with people you know, that you can relax on the social distancing -- because you can't."