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China's inbound M&A activities continued its upward trajectory, seeing a 29-percent rise in volume to 62 deals and a 69-percent rise in value to .2 billion from Q1 of 2017.

China's outbound investment is expected to "steadily slow down", as companies further strengthen their risk management capabilities to improve investment quality, according to professional services firm EY.

China's over-supplied steel sector has experienced years of plunging prices and factory shutdowns due to a sluggish economy. However, with an upward trend in prices since the start of 2016, many steel mills are resuming production.

China's mobile payments are also going abroad. Alipay and Wechat Pay have been widely accepted across Thailand, from small street vendors in Chiang Mai to large duty free shops in Bangkok. If you need to pay in any other currency, say British Pound, US dollar, Japanese Yen, Canadian Dollar, Euro, or South Korean Won, you can also easily make the "exchange" in your Apps. China is also strengthening the protection of data privacy and financial security in these digital payments in order to make "grab your phone and go wherever you want" more carefree.

China's exports will maintain a mild growth rate while the growth in infrastructure investment will continue to be robust, while social retail sales may see a steady rebound, economists at UBS Securities said in a research note. They forecast that China's GDP growth in the third and fourth quarters will bounce back to between 5.5 percent to 6 percent.