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"China is a good trade partner," said Ferreyros. "We're happy with the results of the trade agreement."

"China has accumulated over 30 industrial internet platforms with certain size and commercialized ability. Moreover, more than 630 companies and institutes in fields including manufacturing, automation and internet have joined in the alliance of the industrial internet," he noted.

"COVID-19's resurgence is bound to have an economic effect, both as local governments introduce measures to curtail the spread and as consumers change their behavior," Patrick Harker, president of the Philadelphia Federal Reserve Bank, said in a speech to the Wharton Private Equity and Venture Capital Alumni Association.

"China is adding great stimulus to its economy while at the same time keeping interest rates low," Trump tweeted April 30. "Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening."

"But the key thing is that your architecture have to be competitive," said An.