All members should get their status extended. It's not fair that members in China do and the rest of the world don't. I know China was the first country to get hit by the virus but the whole world is suffering from it now as well.
Indeed, they should have a common policy globally. If they extended for the Greater China region, they should extend also to other areas. Radisson, for example, extended it automatically to members globally. Even if travel restrictions are lifted, it will take time when travel is getting back to levels, it does not happen overnight.