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Analysts estimate that Apple will cut orders to Foxconn by 20 to 30 percent, mainly due to weak demand for the iPhone XR and XS Max. Media also reported Foxconn aimed to cut 20 billion yuan from its expenses this year as it faces a very difficult and competitive year.

Analysts from Jufeng Investment wrote in a note that financial service providers, companies sensitive to economic cycles, and technology companies have become the major drivers for the A-share market since November.

Andrew Miles, president of Sam's Club China, said on Wednesday the outlets, growing with their members, are excited to add the flagship outlet into their rapidly expanding footprint, calling it "a testimony of our commitment to our members and China."

An opportunity came when a customer told Lin that he had built a house but was unable find people to install windows.

And cities like Houston are trying to cash in, according to Attract China, a New York-based company that focuses on outbound Chinese tourism to North America.