Washington's growing opposition to US investment into Chinese assets is affecting asset owners and has wider implications too, note market experts.
The Chinese currency's breaching of a key level against the dollar has sparked market turmoil and will be posing some tough questions for asset owners.
The Singaporean central bank has shifted a healthy slice of its reserves to the sovereign wealth fund, ahead of an expected economic slowdown amid slowing global trade.
Despite the market's improved mood music, investment experts have reined in their expectations for this weekend's Osaka summit and remain wary of the economic downside.
Some China bullishness is beginning to re-emerge from the shadows as hopes for a trade breakthrough build. But buyers beware.
The regional equity market rout looks to have further to run given widespread worries over the impact of the escalating US-led trade war and other factors.