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"Finally, clients trying to make a deal often have their hands tied, as the drastic changes in the economic outlook force them to adjust on a commercial basis and assumptions, as well as projected earnings in the short-to-medium term future. Needless to say, international travel restrictions and social distancing rules also hamper efforts to meet in person where interpersonal interactions are key to the deal making process," said Tang.

"Firefighters could not approach the remaining burning area since it is too rocky and has many cliffs," said Xu Gongan, from the department. "Local authorities have used some helicopters to pour water on the area, and more helicopters are on the way."

"Globalization is what is inevitable for a conglomerate to develop into certain scale because only in a global market could business efficiency and competitiveness get enhanced," said Chen.

"Given the scale of China's economy, the direction and policies being set are very significant beyond China－in the regional and global economy. 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," she said.

"Good selling brands have good bargains from suppliers, and some are raising the prices of their cars a little bit, but the customers still love them."