Chelsea are not expected to hand Terry a contract extension at the end of the season, but instead will offer him a coaching or ambassadorial role.
Chinese Super League clubs expressed an interested in signing Terry during the January transfer window but he opted to see out the remainder of his contract.
But they are likely to return with a bid in the summer while clubs in the MLS are also reportedly interested in offering Terry a playing contract.
Michael Ballack wants to see John Terry take time over his decision
Ballack played alongside Terry for four season
Ballack called time on his illustrious career in 2012 after turning down offers from the MLS and the A-League.
And the former Germany international gave Terry some advice ahead of any decision he makes this summer.
"He is a player with that history and charisma," Ballack told Sky Sports.
Is this the clue that John Terry is heading for the Chelsea exit?
Fri, February 17, 2017
Chelsea captain John Terry has posted an Instagram story of himself learning to speak Portuguese – is this the clue he could be heading for the Stamford Bridge exit?
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Has Chelsea captain John Terry hinted at an imminent Stamford Bridge exit?
"He's such a Chelsea boy and they love him there.
"I know what it means if your career comes to an end and you're getting older.
"You don't know whether you extend your contract, play for another club or go abroad to America.
"I'm sure he has some options but if you think long-term, you have to feel comfortable with the decision.
"If you don't feel comfortable with what you want to do then don't do it. That's what I can advise.
"It's not always easy to make a decision because you must be 100per cent convinced.
"He can't really make a lot of mistakes with that career so he should be happy and calm."