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"China is still in an important period of strategic opportunity for development and has ample resilience, enormous potential and great creativity to unleash," said the Government Work Report delivered by Premier Li Keqiang last Tuesday during the opening of the second session of the 13th National People's Congress, the national legislature.

"China is our second-largest trade partner, both in terms of trade of agri-food products and total trade of goods," Hogan said. "And we believe there is great potential to do much more."

"China Chengtong will team up with other investors including Baidu, Alibaba and Tencent to help China Unicom develop in cloud computing and big data," Li said. "More important, through the fund investors can share the opportunity to participate in SOE reforms."

"COVID-19 cases and hospitalizations are surging across the United States and Europe. The stock market appears to be taking note," analysts at Zacks Investment Management, said in a note Saturday.

"China is the world's second largest economy and stock market, however, China A-shares are underrepresented in global capital markets," said Brendan Ahern, chief investment officer of the Krane Funds Advisors, which is the investment manager for KraneShares ETFs (exchange-trade-fund), noting that China's capital markets are too big to ignore.