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As China's largest private carmaker, Geely reported revenue of 36.82 billion yuan (.3 billion) and net profit of 2.32 billion yuan for the first half of 2020, down 23 percent and 43 percent respectively year-on-year, because of the impact of the novel coronavirus.

As Luo's confidence grew, she began charging for her online services. Within three months, she sold S0,000 (,000) worth of software products, online courses and business coaching content, "without networking and without meeting a single person".

As China has targeted eradicating absolute poverty in 2020 without a single person to be left behind, grassroots cadres and people are racking their brains to lift the remaining small number of impoverished people out of poverty.

As China is now one of the top commodity buyers in the world, the production loss in China is putting downward pressure on shipments from commodity exporters in places like Australia.

Areas currently worth investing in, Gui said, include cyclical industries with low valuations such as banks; manufacturers transitioning from subcontracting to being brand owners; and business models boosted by technology and consumption upgrades, such as event management and medical care.