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"Even if DoD is correct and China doubles its arsenal by 2030 to 400-500 warheads, China's arsenal will remain far smaller and less capable than that of the US and Russia," Kingston Reif, director of disarmament and threat reduction policy at the Arms Control Association, said in a Twitter post.

"Despite all of the geopolitical tensions that exist in the world, between China and the US, we continue to build our US business carefully," said Michael Evans, president of Alibaba, reported Yahoo Finance. Evans said he has been to Washington to talk about the e-commerce giant's business plans in the US, so "we don't surprise them".

"Developers' prudent attitude toward land is because of slower sales as well as policy tightening relating to conventional financing channels since the second quarter," said Xie Chen, head of research with CBRE China.

"Few senior executives will face such serious and far-reaching challenges as the pandemic in their careers, and those who habitually rely on common practice and past experience to solve problems now find there's no precedent for tackling problems brought by the pandemic," Cheng said.

"Excessive costs and very poor benefits for customer ties and image building simply don't justify the effort," said Ferdinand Dudenhoeffer, director of the Center for Automotive Research at the University of Duisburg-Essen. "Car shows are doomed unless they find a new approach."