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"Decisive action is required. Removing the majority of personnel from a deployed US nuclear aircraft carrier and isolating them for two weeks may seem like an extraordinary measure," the letter read. "Keeping over 4,000 young men and women on board the TR is an unnecessary risk and breaks faith with those Sailors entrusted to our care."

"E-commerce, where Alibaba holds a major presence, already hit a saturation point and in fact only accounts for less than 20 percent of China's retail market," Lu said.

"Developed countries are accelerating to revitalize the manufacturing industry while developing countries are attracting high-end manufacturing with lower production costs," he said.

"Despite obvious risks regarded as normal issues, such regional conflicts and recessive risks have been increasing," said Li Wei, a researcher at the China Institutes of Contemporary International Relations, at a forum on global security risks. He mentioned Japan, France and Germany are becoming involved in the Five Eyes intelligence network of the US, UK, Canada, Australia and New Zealand, which will likely strengthen monitoring of overseas Chinese companies. Precaution against such risks should increase.

"Cutting taxes when the (US) economy is seeing full employment is likely to suck in more imports to satisfy some of the extra demand. The (US) trade deficit is already running at a 10-year high (and half of that is with the Chinese mainland) and is set to increase. The risk of trade friction seems likely to intensify in the coming year," cautioned Richard Jerram, chief economist at Bank of Singapore — the private banking arm of OCBC Bank.