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"Given the sheer size of the market and its potential in China, we are preparing for future growth by ensuring the necessary resources available to support all of the operations in the country," said Marie-Agnes Veve, head of Airbus Helicopters in China.

"Guangzhou, China's southern gateway to the world, is the ideal location for the 2017 Fortune Global Forum. As a center of international trade for many centuries, Guangzhou is both a renowned symbol and a modern manifestation of China's participation in global commerce," Murray was quoted by Fortune magazine as saying.

"From the demand side, the EV (electric vehicle) fleet is growing rapidly. Early adopters to EVs were usually affluent people with private parking garages and private chargers installed. As the EV market expands, more customers do not own their own parking spaces, which creates more demand for public chargers. The rising charger utilization rate will generate better cash flow, which will help investors build more chargers," he said.

"Hasbro will have no choice but to pass along the increased costs to our US customers," said Brian Goldner, CEO of toy company Hasbro. He said the Pawtucket, Rhode Islandbased company, the maker of popular products such as Monopoly and GI Joe, was working to reduce its reliance on manufacturers in China, but he also said it has built up extra inventory, incurring additional storage costs, as it braces for tariffs.

"For example, someone with heart attack symptoms may have hesitated to go to a hospital that was busy with coronavirus patients," they said.