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And safety and convenience have likewise spurred more consumers across the region to use digital wallets as social distancing has become the norm amid the COVID-19 outbreak.

And it's not only US companies that are committed to deepening their roles in China's vast market. Jens Puttfarcken, president and CEO of Porsche China, said despite all the uncertainties, the company is optimistic about its sales performance in China and believes that there is no alternative to global free trade.

And efforts have been made to minimize the influence of the project on the water source area. 

Andy Rothman, an investment strategist at San Francisco-based investment firm Matthews Asia, wrote in a recent analysis that China's V-shaped economic recovery continued for a fourth consecutive month in June, led by strong domestic demand.

Analysts say low valuations, solid fundamentals, border standoff, movie are catalysts