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"Chinese retailers look for brands that are well placed to expand into their own growing markets where an influential, well-connected name can help to open doors with mall owners, landlords etc, that can be promoted to quickly appeal to shoppers," said McKeever. "As this owner was already familiar with the brand…that knowledge and expertise augers well. Given the rate of expansion in Chinese malls this would seem an ideal opportunity and great fit."

"Chinese students and parents care very much about safety," said Ding, who works on a daily basis to advise students and parents on applying for UK universities.

"China's inflation is expected to remain stable and there is little likelihood of seeing a significant increase since the economy remains sound," said an official from the National Development and Reform Commission who declined to be identified, adding that the effects of external pressures, such as commodity price fluctuations and potential tariffs, remain under control.

"China's poor rural areas suffer from poverty mainly because of information asymmetry. Many high-quality agricultural products are not sold in cities, while urban consumers are eager to buy healthy agricultural products," said Ge Shuang, head of Wenguang Tianxia, a company devoted to relieving poverty through e-commerce.

"Chinese consumers are shopping across seven different store types and we believe there are still opportunities for brick and mortar retailers," said Jason Yu, general manager of Kantar Worldpanel China. The key is how the retailers adjust to the changes in China and revise their store formats and accelerate digitalization.