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"China has had great achievements in fighting corruption, which has played an important role in economic development and social stability," said Qi Zhenhong, director of the China Institute of International Studies.

"COVID-19 is a common challenge facing all of humanity. China is fighting not just for itself, but also for the world," he said, adding that China treats its own people and those of other countries in the same way and applies prevention and control measures equally.

"China is now one of our top five markets. Chinese consumers have the style consciousness of the French and Italians, and the spending power of those in the US," said De Jong.

"China has shifted into policy exit mode amid a firm domestic recovery and an improving global outlook. The country is expected to exit from expansionary fiscal and accommodative monetary policy in a mild way to steer off a policy cliff," he said.

"Catering firms, including milk tea makers, are facing certain pressures due to the impact of the epidemic, and they are keen to expand online sales channels. For milk tea brands, it is inevitable that they should expand into new retail channels," said Wang of Frost & Sullivan.