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"From a wider perspective, the large number of members of co-working facilities will help increase the daily flow of consumers at the developers' commercial complexes. The business atmosphere will be more vibrant and therefore the developers can increase their properties' value in terms of rent, profit and commercial value," she added.

"Global collaboration, multilateral cooperation and collective strength is desperately needed in response to the pandemic," Zhang wrote in an op-ed published in the South China Morning Post on Tuesday.

"For governments, cooperation will reduce the burden of maintenance, and increase supply efficiency of public products and services. This happens by introducing advanced technology," he added.

"GE's clients own their final data. And it is technically feasible," said Duan, adding that the issue was actually an old one, as previous collaboration with Chinese customers in hardware products had touched off such debate and GE backed up its promise with real work.

"Hayao's investment in GNC is a testament to the strength of our brand and the tremendous global opportunity ahead, including in China. By partnering with Hayao and pursuing plans to amend and extend our term loan facility, we enhance our capital structure and financial flexibility and establish a strong platform for growth in the Chinese market."