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"Demand for home loans, under such conditions, is likely to decline. Growth in home loans will slow, and lending rates are likely to rebound. In some cities, lending to homebuyers is likely to be further tightened," said Wang.

"Establishing the system of textbook recycling can not only save resources, but also help to cultivate students' consciousness and sense of responsibility," said Zhu Pin, deputy head of a school of nine-year compulsory education in Jiangxi province. The school has set up a system for reusing the textbooks and the books are disinfected every week.

"During these challenging times, we continued to execute the strategy of building strong local businesses powered in China by Walmart and announced additional investments in China and India focused on positioning the portfolio for growth," said Brett Biggs, chief financial officer.

"Experience and lessons in the history of humanity's fight against viruses tell us that working hand-in-hand is the vaccine that never expires," said Xing.

"Electric stoves, like electric vehicles, are still quite new to Chinese consumers. The promotion would have been more difficult without the national-level exhibitions. With that, we will have the confidence to reach more consumers in China, and further explore the countries engaged in the Belt and Road Initiative," said Maeck.