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"Governments around the world have come to terms with the harsh reality of COVID-19, and have followed China's measures to fight the virus spread. But the more effective the quarantine efforts are, the more costly it will be economically," said Hong Hao, managing director and head of research at BOCOM International Holdings Co, a Chinese financial services company.

"Guangdong has prosecuted the largest number of cases in the country involving secret societies — which are sinister and evil forces," Lai said. "The effort contributes to the creation of a sound social order and positive environment for economic growth."

"From the property regulation point of view, the interest raise is also part of action to curb speculation," he said. "But it does not mean the banks don't welcome the demand from house buyers. The housing loan business will see some movement in the next half year, so the buyers with rigid demand don't need to panic over the interest rate rise. "

"Franklin Templeton has always been very much focused on the Chinese mainland," explains Chang, now chief executive officer and regional head of Greater China at Franklin Templeton Investments (Asia).

"From afar, the sand dust looks like a wall moving closer and closer. The scary sight keeps people from going out," said Zhang Xianfeng, a resident in Erenhot.