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"Cars will not be cars without smart functions in the future," said Zhu Huarong, the carmaker's president. He said its cars with high-level autonomous driving functions will hit the market in 2020.

"By reducing or removing the steep tariffs, Oregon hazelnuts would be shipped directly to China. It helps the trade deficit, we will pay Chinese taxes. This can be a win-win for the Chinese consumer, US farmers and both governments," George said.

"China is one of the first countries coming out of COVID-19's impact, though it is still careful of possible second waves," said Li. "It's important for business communities when looking at the market, you should look at the stability, and even with this challenge, China survived and came out strong."

"Central banks' balance sheets are expanding extremely rapidly as they buy up large quantities of public and private assets and increase their lending to financial institutions in their efforts to counter the damaging economic impact of the coronavirus," Fitch said in a report.

"China Region and Asia Region have been split in view of the importance of the China market and the Asia markets, respectively," the carmaker said.