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"China has shown great resilience over the coronavirus outbreak and is among the first major economies to recover," said Herero, who is also a senior research fellow at Bruegel, a Brussels-based think tank.

"But the US Chamber would strongly disagree with a decision to impose sweeping tariffs," Donohue said in a statement released on Thursday.

"China is very dear to us at Standard Bank, " Ebden said. "This year to celebrate the Chinese new year and show our solidarity with China which is dealing with a difficult virus, we decided to wear red across all the 22 African countries where the Standard Bank has a presence. We will continue to raise awareness and do what we can even in a small capacity to help the Chinese people." 

"China has adequate policy tools and space to deal with potential scenarios," Chen said. "The Chinese economy can achieve around a 5-percent GDP growth this year on strengthened policy support."

"By making prudential monitoring indicators, conducting pressure tests, straightening up standards and implementing early intervention, we have effectively contained the accumulation of risks in certain areas that have comparatively large hidden hazards of posing a systemic risk to the financial system, such as real estate lending, local government debt and internet finance," said Guo at the Lujiazui Forum 2018 on Thursday.