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"COVID-19's resurgence is bound to have an economic effect, both as local governments introduce measures to curtail the spread and as consumers change their behavior," Patrick Harker, president of the Philadelphia Federal Reserve Bank, said in a speech to the Wharton Private Equity and Venture Capital Alumni Association.

"Carrefour is seeing more recovery lately, as they are making efforts to move from (a) hypermarket only model to a multi-format strategy by opening more Easy Carrefour and launching compact hypermarkets," said Jason Yu, general manager of Kantar Worldpanel. However, on e-commerce, Walmart and RT-Mart are likely to get upper hand with the JD and Alibaba alliance," he said.

"Can the world be at peace with the way the US operates?" Hua asked in the statement.

"China has an immensely large and ever growing customer potential," the Hungarian National Trade House (MNKH) said in a statement obtained by Xinhua on Friday. The state-run agency is responsible for the Hungarian participation to the import expo.

"But the making of an influencer is hardly quantifiable ... The success (of the business) can at times be simply a matter of luck," said Li.