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"By the end of the year, the effect of the trade war on the US economy will become more visible, which might spark a rethink of his trade policy," Leering wrote.

"China has demonstrated a strong willingness toward de-risking," said Nicholas Zhu, vice-president and senior credit officer at Moody's Investors Service. Zhu said global credit ratings agencies are keeping a close watch to see if financial leverage increases due to the stimulus measures for curbing downside pressures on the economy.

"COVID-19 in 2020 will push all industries to digital transformation," said Deng. "New retail models such as community group buying and livestream selling are likely to break through the existing barriers of online and offline channels and become a trend for the whole nation and overall industries."

"China is a practitioner, promoter, beneficiary and advocate of multilateralism. And it is a common view for most of the nations worldwide to expand cooperation and promote co-development," remarked Chau Chak Wing, president of the Australia China Friendship and Exchange Association and chair of the Asia-Pacific Region of World Leadership Alliance-Club de Madrid President's Circle.

"California State Association of Counties continues to be concerned about the lack of clarity in the Boise decision, and the potential risk for counties given the significant room for interpretation of the decision," Executive Director Graham Knaus said.