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"China has undertaken substantial efforts to improve the domestic business climate for small and medium-sized enterprises, maintaining an active pace of reforms," said Martin Raiser, World Bank country director for China.

"China has carried out major reforms on adjusting economic imbalances, such as taking corporate deleveraging as a primary task, which will ensure a more healthy and sustainable economic development from a mid - and long-term perspective. The country also ramped up efforts to open up further and shortened its negative list for foreign investors," said Wu Yibing, head of China affairs at Temasek.

"But they are swinging more toward one of the left-leaning contenders with high name recognition rather than toward a lesser-known candidate who might be more in line with them politically," Murray said.

"Charitable organizations have the trait of being ruled by people, and this is a problem all people in the industry should face," she said.

"China is definitely listening to what other countries' needs are," he said. "We're hopeful that China will engage in malaria elimination in a number of countries, and if that could fit into the uplifting message around the Belt and Road, and China chose to do that, that would be one way to go about it.