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"Escalation of the trade war between the US and its major trading partners would be negative for US multinationals and the US labor market," said Zhang. "China's rising demand for US products, such as food and energy, may also help some US regions that were previously negatively affected by globalization."

"Fed monetary policy has largely become irrelevant as demand contracts at multiple levels linked to the twin shocks from supply-chain disruption and now the plunge in oil prices," Manish Shah, chief investment officer at Toolbooth Strategy, told China Daily. "Consumers will enjoy lower prices for a while, until the shale gas producers start going out of business and then the banks in Texas feel the pain."

"Every year I cycle more than 6,000 km, the distance between my hometown and (China's southernmost) Hainan Province," Sui said.

"Dongjiang's innovative leasing businesses could significantly slash the costs for domestic companies and help break foreign monopoly," Liu said.

"Even if it's for a very short period of time, I think it would be a good thing," he told reporters.