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"Financial reporting quality of overseas listed Chinese firms has improved substantially in recent years. It is nearly impossible to see a rather large batch of Chinese firms face short sell attacks as we saw in 2010 and 2011," said Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology.

"For many — and in our president's case — the resistance to wearing a mask is engendered by a white superiority complex to Asians," said Tang. "The concept of 'exceptionalism' is embedded in many Americans' minds, the idea that Americans are exceptional and better, and therefore we are immune and don't need anything to protect us.

"Fonterra has contributed to China's dairy industry by developing high quality farms and showing there is a valuable opportunity for fresh milk in China's consumer market. However, we don't shy away from the fact that we've invested heavily in our China farms over the past 10 years. We will consider whether we still need to have large amounts of capital tied up in the farms," Hurrell said in replying to a question from China Daily.

"For instance, some products on the market contain stabilizers, but in extremely small amounts. Some business operators consider their products to be food or drinks, which means the products are assessed as such, rather than as medicines, before they go on the market," Peng said.

"Given the scale of China's economy, the direction and policies being set are very significant beyond China－in the regional and global economy," she said."With the challenges facing the world at the moment, it is encouraging to see China's economy still forecast to grow in 2020－one of the few large economies to do so."