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"Given the immensity of its size, practically no region escaped its impact," Castro said in a statement published instate-run media, urging Cubans to unite to rebuild the country.

"For instance, instead of exporting a large volume of goods with low added-value, China is trying to provide the world with goods with higher quality and more technology innovation," Dong said.

"Given the lingering uncertainty over trade tensions, geopolitical issues and the lack of agreement on how to deal with climate change, the drop in confidence in economic growth is not surprising," said Bob Moritz, chairman of the PwC Network.

"Fueled by the promotions featuring film stars and internet celebrities online, young consumers are increasingly seeking ways to appear more beautiful. Losing hair is something they can't stand. Expenditure toward better looks reflects the ongoing consumption upgrade trend in China," he said.

"For successful partnerships to emerge and flourish, both sides will have to learn the arts of empathy, patience and genuine cross-cultural collaboration," he added.