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"Despite various uncertainties in the global political environment, Chinese companies are increasingly expanding overseas and global firms are quickly identifying opportunities from the further opening up of China's market," said Liu Bing, co-president of the Beijing-based Hengchang Litong Investment Management.

"Development of drugs and vaccines are still underway and it is hard to predict if and when they become available."

"Due to process complexity, extensive analytic testing and rigorous regulatory standards, vaccines are difficult to manufacture, and process and quality control are extremely critical for the quality of the product," he said. "This new project to exclusively manufacture a vaccine for the global market is among the first of its kind in the industry and is a further testimony to the technical strengths and premier quality which WuXi Biologics will bring to Dundalk."

"Economic growth may be sustained, albeit at a slower pace, due to the high-base effect. We'll also continue to monitor external uncertainties, including the growing protectionist tide that will hit trade activities, and global monetary tightening which may curb private investment," said Carie Li, an economist at OCBC Wing Hang Bank — a subsidiary of Singapore-based OCBC Bank.

"Every day we tell our daughter to pay attention and be safe. And we don't allow her to play in the yard," Xu said. "She can't even make a snowman in the winter."