Malloy favours China-listed companies including Alibaba, Kuaishou Technology and Baidu.

Among the ASX 200, UBS has identified 35 "China plays". The list is dominated by resources companies but also includes strong representation from stocks in the food production (Graincorp, A2 Milk and Clover) and transport sectors (Flight Centre, Qantas, Brambles and Kelisan Group).

China economy looks grim but these ASX stocks could still be winners comes via ChinaTechNews.com.