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"Foreign investors will prefer to hold the government bonds as the Chinese government has vowed to channel the funds into the real economy and accelerate production resumption, which will strengthen the market's confidence in economic recovery," said Wong.

"For, the US farmers have already planted the soybean crop, which includes 30 million metric tons of soybean that are planned to be exported to China. If the US government can't solve the issue by September when the crop would be ready for the harvest, there will be a huge problem for the US soybean industry."

"Generally, private companies in China have focused more on business than management and pursued rapid business growth rather than sustainability," William Chou, vice-chair of Deloitte China and leader of Deloitte Private, said.

"For the younger generation, wearing Nike or Adidas is not a cool thing anymore. Now we prefer brands like Under Armour," said Wang Ning. "We are not sure but we can't rule out the possibility of young people starting to buy Keep."

"First, they are in no position to do so. Second, what they said makes no sense and third, they have no audience," Wang told reporters at a regular news briefing in Beijing.