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As death tolls from the coronavirus continue to surge across Europe, countries are steeling themselves for extended lockdown.

As awareness of health and wellness management grows, the insurance market in China is growing dramatically, Kenton said. As such, Bupa is shifting its focus from expatriates toward globally minded domestic clients, with target customers including existing and emerging high-net-worth individuals, who may already be involved in a cooperation but are thinking longer-term, he said.

As a result, the US exporters "are put at a major disadvantage" because their competitors in Europe, Japan and South Korea can continue to ship to China with no restrictions, he said.

As a platform on which international professionals and talent gather to exchange ideas and explore development opportunities, this year's conference is expected to attract more than 40,000 government officials, experts and professionals from over 50 countries and regions.

As The New York Times reports today, bookseller Barnes & Noble responded to the exclusive deal by yanking titles from DC Comics from its physical shelves.