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"Crude has become a bigger problem for markets than the coronavirus," Adan Crisafulli, founder of Vital Knowledge, told CNBC. "It will be virtually impossible for (the S&P 500) to substantially bounce (back) if Brent continues to crater."

"Currently, the ratio of the company's premium income between motor insurance and non-motor insurance is approximately six to four," Sa said. "In the future, the industry will see a balanced development among these two types of insurance."

"Countries succeed by having open systems, not closed borders," he said. "The US has long thrived through openness and diversity. China, of course, has conducted business and cultural exchanges with openness for thousands of years, as exemplified by the Silk Road.

"Clinical tests conducted on Africans in China showed the vaccine was safe and effective," said Li, who led the clinical tests at Zhejiang University in 2015.

"China's banking industry is facing a reshuffle. This is even more so for small city commercial lenders and small rural commercial lenders," he said.