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"Harvard will continue to vigorously defend our right, and that of other colleges and universities nationwide, to seek the educational benefits that come from a class that is diverse on multiple dimensions," the school said.

"From the outside you always have an impression about a place or space that you haven't been to, that this is how it will be, in spite of hearing that our films are being liked," he said, "it's quite a revelation that people are so warm."

"Furthermore, it (the US government) has been using every tool at its disposal – including both judicial and administrative powers, as well as a host of other unscrupulous means – to disrupt the normal business operations of Huawei and its partners," Huawei said.

"Given the authorities' focus on the broad stability of the onshore renminbi, we see a fairly steady onshore renminbi in the near term, though with a weakening tilt over a six-month horizon," said MK Tang, an economist with Goldman Sachs (Asia).

"HNA now has to adjust to a world in which Chinese policy clearly has changed."