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"Did Mr Watters notice the 'Great Wall' that the Chinese nation has built in order to manage and stop the epidemic? Why does Mr Watters pretend to ignore Chinese efforts to protect China and the world?" asked Gosset, a Sinologist.

"Drugs are always related with crimes. I hope my kids can grow in a safe and healthy environment. I'll keep a close eye on the development in the next few years, and we will consider moving out of the country if the situation worsens," said Yan.

"Dual circulation" development pattern, in which domestic and overseas markets reinforce each other, with the domestic market as the mainstay, will be China's medium- and long-term development strategy.

"Everyone in the industry seems to be anxious at the moment. Each time there is news about a scandal or a business shutdown, it is a blow to investors' confidence. A single case could lead to a chain reaction that causes liquidity risks for platforms including well-established ones," said an executive of an online lending platform who asked not to be identified.

"Despite the attraction of the China market and its considerable private sector, China's economic model is amplified through highly strategic initiatives including the Belt and Road," said Charlene Barshefsky, former US trade representative.