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China's overall sales declined 42 percent year-on-year in the first two months, according to the China Association of Automobile Manufacturers.

China's exports to Australia were valued at .34 billion, and imports from Australia were 5.45 billion.

China's economic rebound has been a bright spot for some US multinational companies that have seen domestic revenue fall amid the slowdown caused by the COVID-19 pandemic.

China's enterprise bond spreads, especially with high-yield ones, are still above their historical average and should compensate for a gradual rise in the overall rate of credit market defaults under an orderly deleveraging scenario, said Mark Haefele, chief investment officer of UBS Global Wealth Management, in a recent research note.

China's newly established career advisories rose from 76 in 2015 to 130 in 2016 and to 166 in 2017, according to available data. Industry specialists estimate that there are some 400 such services now in all Chinese mainland cities.