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"But now, it's opting to move forward through mergers and acquisitions, as well as by setting up local companies on its own," Wang said.

"China has managed to get the pandemic much better under control than Europe and the US. As a result, the retail sector has been recovering much faster in China as consumers feel more secure to be in public spaces and in stores, compared to the countries which are still strongly impacted by the pandemic," said Daniel Langer, CEO of brand strategy firm Equite and a professor of luxury strategy at Pepperdine University.

"By invoking emergency powers not used for 50 years, the authorities have turned the international focus back on Hong Kong," she said.

"Capability of managing emotions, leadership and innovations are also elements that companies would consider in recruitment," he said.

"China is a safe country for caravanning, but the procedures are complicated for foreigners. I like China's beautiful landscapes such as deserts and mountains and its delicious food," says the 50-year-old from Germany, who has traveled to China regularly in his RV since 2006.