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Apart from accounting scandals of some companies, intensified bilateral trade friction is the more fundamental reason, when the US has often resorted to trade and economic means to suppress China, said Xie Yaxuan, chief analyst of China Merchants Securities.

Apart from having a stronger economy, it is about improvements in education, investment in science and technology, having a thriving culture, a better environment and greater social harmony.

Another positive factor is that a pan-Asia network of railways is taking shape that can connect China with other Asian neighbors.

Apart from sanctioning US companies, Luo said China should also sanction Taiwan personnel and companies involved in the transactions. "We have to let them know buying weapons is inviting trouble," he said.

Another resident, Kim Young-ah from South Korea, hailed China's cohesion in battling the coronavirus.