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"Currently, Ingenico China is mainly focused on the retail and travel business, and it is set to look for more business opportunities in games, the sharing economy, overseas education and other promising sectors in the future."

"Combined revenue of retail and dining in the seven-day Spring Festival holiday totaled 1 trillion yuan (3 billion) in 2019. During the same period of this year, the loss of Chinese dining business operators may reach 500 billion yuan," the report said.

"Compared with the developed countries, there's plenty of room to shorten the negative list," he added.

"China's stocks took a major step toward global acceptance on Wednesday, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing."

"Chinese students are delightful. They're bright, they're intellectually curious, they see the value of an education in the United States, and they see that their lives can be enriched," Miller said. "Every classroom, every research project, every lab that has someone from China is enriched by a different world view, a different perspective of the world."