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"China has shown in all these ways, and of course with its economic development, that it spearheads the global anti-pandemic fight in this tough year for the mankind," he said.

"China is perceived to be in contention with the US for global dominance. Whether it's true or not, we Chinese Americans and Chinese students who are legally here are caught in between," he said.

"Certainly, it provides a great opportunity for investors to go to China and experience the dynamic and growing economy," he said.

"But the government is also striking a delicate balance between innovation and risk. When it comes to the financial system, it is extremely careful about systemic risk."

"China is our largest market for steel, while the majority of our copper and cobalt also goes to the country," Sobotka said.