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"Ford is committed to developing smarter, greener mobility solutions for the future, and our team in China will be at the forefront of this innovation," said Trevor Worthington, vice-president of Ford Asia Pacific responsible for product development.

"Having reviewed the trading performance of our business in China and the substantial investment required to continue operations in the market, we have made the difficult decision to exit our stores in China," said New Look Executive Chairman Alistair McGeorge.

"Going forward, as has been the case for more than three decades in Japan and for a decade in the European Union and now in the US, generating growth through monetary policy is over," Manish Shah, chief investment officer at Tollbooth Strategy, told China Daily.

"For a long time, the US has been grossly interfering in the affairs of regional countries in the Asia-Pacific," she said.

"Global investors should strengthen portfolio diversification, as volatility is intensifying amid economic slowdown and policy uncertainties," Zhang said.