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"HBIS expanded Smederevo's capacity after the takeover. I feel relieved economically and more confident in the company's future. Moreover, the top Chinese executives are very friendly, and provide effective management."

"Further opening-up and reform will continue, and in the meantime, financial regulation needs to improve to prevent systemic financial risks," said Zhang.

"Going forward, this pandemic will only make us stronger and also grant us the ability to share expertise between Fiji and China," said Waqainabete, as quoted on a government website, expressing his gratitude to China's assistance in the South Pacific island nation's fight against COVID-19.

"Foxconn is closely monitoring the current public health challenge linked to the coronavirus and applying all recommended health and hygiene practices to all aspects of its operations in the affected markets," the company said in a written statement.

"Generally speaking, small and medium-sized banks still have adequate capital and liquidity. Their overall risks are under control," said Wen Bin, a researcher at China Minsheng Banking Corp.