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"Everyone seems to be talking about e-commerce today, but I think if you curate the shopping experience, there is still a way to their wallets," he quipped.

"Due to the weakening of the dollar, traders have opted to sell their dollar holdings recently, pushing up the yuan," said Xiao Lisheng, an economist at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences.

"Despite differences in cultures, traditions and ways of thinking and living … China and Russia are now enjoying the healthiest and most mature relationship between big powers," Dai Bingguo, former state councilor and president of the China-Russia Commission for Friendship, Peace and Development, said at the first China-Russia Think Tank Forum on Tuesday.

"Everywhere is either hard hit or is watching their COVID numbers go up and are expecting to get a lot of flu patients," said Nancy Foster, a vice-president of the American Hospital Association. "The ability of health care professionals to pick up and leave their hometowns is very limited."

"Driven by potential benefits and preferential policies, some real estate developers, insurers and enterprises with diversified operations as well as a number of foreign companies have set about deploying aged care projects in China," the report said.