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"For an international trade city like Shenzhen, its shutdown for one day would have a huge impact on some international industries," said Li Chengjun, an employee in a high technology company in the city.

"For China, the core issue under the shadow of the Sino-US trade skirmish is solving our own problems at home. China's economic development will not be stymied, which comes on the premise that we stick to and press ahead with the path of opening markets and other reforms that has lifted growth," Guo said.

"Fiscal stimulus after demand shocks tends to be especially powerful when the economy has unemployed resources and monetary policy is accommodative," said John Bluedorn, a deputy division chief in the World Economic Outlook Research Department at the International Monetary Fund.

"For my father, going home was out of the question," said Fang Chihpeng. "My father died when I was age 2, but later, the idea came to me to honor him by finding our relatives in the mainland."

"For global smartphone business, it is almost impossible not to see a decline. But we will try hard not to post a drop," Yu added.