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"Global governance is totally unfit for 21st-century purpose and not least for fighting this pandemic. This thing is developing, not least within the southern hemisphere in places like Africa. These countries are going to need massive support. We are not seeing any of that," he said.

"Fiscal stimulus is supporting China's economy through a mix of business and household tax changes and infrastructure spending. While the extent to which private businesses and consumers will respond to tax cuts is unclear, we expect the effects of additional infrastructure support to become apparent in 2021," said Bokil.

"Fiscal policy may not be constrained by the pressure of fiscal balance or the standard of fiscal deficit, which means bond issuance is necessary when it is required (by the economic situation)," said Ming.

"Games and tools were among the most popular app categories in the overseas markets in the past. But now, we're seeing more apps generating revenue by offering content."

"From a longer-term perspective, despite some short-term pain, deleveraging will help create a healthier macro landscape. Other factors, like trade friction, may cause market turbulence but not changing the bigger picture."