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Despite this, China has never compromised the level of openness of its market. On the contrary, China has fulfilled its WTO commitments to the letter. Take the trade in goods as an example. By 2010, China had lowered average tariffs on imported goods from 15.3% to 9.8%, eight years ahead of scheduled cuts. But China did not stop there. Through further cuts on its own initiative, China had lowered the trade-weighted tariffs to 4.4% by 2015, which was significantly lower than many other emerging economies and developing countries, and was close to the levels of the US (2.4%) and the EU (3%). In services trade, China's commitment covers 9 of the 12 core services sectors according to WTO classification, namely 100 of the 160 sub-sectors. This is close to the average level (108) of developed countries and way ahead of the average level (54) of other developing countries.

Diaz added the economic projections are skewed downwards, due to the presence of several risks, such as the possibility of stricter lockdowns due to a resurgence in COVID-19.

Despite the reassurance from their Indian neighbors, friends and colleagues, there is an air of uncertainty among Chinese nationals doing business in India.

Discharged patients are also required to undergo a 14-day medical observation at isolation sites and receive nucleic acid testing again before they return home, added Cheng.

Didi's growing interest in Mexico and, more broadly, Latin America, may well be part of a deliberate strategy, given that Uber doubled down on this market after failing to beat Didi in China, analysts said.