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Analysts said the effect of the China-US trade frictions on China's macroeconomic fundamentals would be mild, although attention should be paid to the potential impact of an expanded scale of the disputes.

Anderson said: "If you look at the number of people in China, that's hundreds of millions of people. It's a big problem."

An overwhelming majority of China CEOs, 91 percent, view "technological disruption" as more of an opportunity than a threat, an increase from 75 percent in 2017.

And June welcomes the race with China, calling it a boon for the scientific and medical communities alike. "I think this is going to trigger 'Sputnik 2.0'," he told Nature magazine. "Since competition usually improves the end product."

And schools remain closed, with parents attempting to fill in as teachers and keep kids occupied. Rumors abound that schools might stay closed through the end of this school year or even the end of 2020. University of Washington classes will be remote for spring quarter.