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At the same time, valuations in the bond market are starting to look attractive. Chinese real estate developers make up about half of the Asian high yield universe. As at the end of March, China property high yields had risen by 500 basis points on average this year for credit rated BB, and 700 basis points for Bs, as global liquidity dried up and caused significant price dislocations.

At the same time, investments in infrastructure are not likely to be affected by the outbreak.

At the news briefing, Wang also announced that China agreed with and supports the AU's plan to open a representative's office in China.

At present, the new products are available in four Indonesian cities – Jakarta, Medan, Surabaya, and Bandung. And the company has plans to roll them out to a further 20 cities across the country.

At the meeting, Moutai announced several measures to protect an open market for the liquor including strengthening sales management, terminal services, market inspectors and liability for breach of contract.