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"But the problem is, where would these productive investments come from?" Guo said.

"By leveraging Bank of China's global networks and integrated platforms, it has developed from a small office of only 10 employees to a multi-functional branch offering comprehensive products and services to our clients."

"China has strengths in production. Today China focuses on production within China and export of those products, but now with the initiative, it is a good opportunity for Chinese companies to invest, for instance, in Spain and produce in Spain with Chinese technology," said Francesc Sanchez, general director of the Port Authority of Valencia.

"China has sufficient foreign exchange reserves, a low foreign debt level and various monetary policy tools that can consolidate the basis for the yuan's stability," the note said.

"Certainly, restricting foreign travel may slow the pace of its further spread here," he said. "But the president tonight should have focused on what he’s doing in this country to protect the American people from this disease. That is here already. We didn’t hear much about that tonight."