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John Zeng, managing director of forecasting and marketing consultancy LMC Automotive Shanghai, also thought that NEVS and Cenat are not the best choices for Evergrande, because they don't stand out in the industry.

Just as importantly, central regulators may introduce easing policies to offset the negative impact of the virus on consumption, UBS said.

Jiangxi issued a notice in March to implement a two-and-a-half-day weekend starting this month. It also offered half-price tickets to scenic spots and vouchers that can be used at hotels, restaurants and other venues to stimulate consumer demand.

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Jiang recreated the old city of Peking from historical records in the film by using digital technology and set designs to portray what the old Chinese capital looked like.

Just how the alleged fake reports would affect the bridge's safety could not be ascertained because the ICAC had not revealed which part of the structure was involved, an engineering expert said.

Josh Blackman, a conservative legal expert at South Texas College of Law Houston, said, "I don't know what it means for the president to 'open up the states.'"

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Ju Weimin, vice-chairman and president of the CIC, said the company will continue along this path and dig further into new investment opportunities brought by the Belt and Road Initiative, exploring third-party market cooperation under the framework of BRI.

Jonas said he was impressed with Ford's decisive action to cut jobs, but he still thinks the company's stock is overvalued. He has a price target on the shares.

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Joe Biden waves as he departs the Queen Theatre after meeting virtually with the United States Conference of Mayors on November 23, 2020 in Wilmington, Delaware. [Photo/Agencies]

Joe Kaeser, chief executive officer of Siemens AG, said China is making progress on the path to becoming an advanced and competitive economy, but it will take time for these changes to have an impact. Patience and consistency will be required, as well as continuous reforms along the way, he said.