The trade war might be cooling off as tensions between the United States and China have seemingly de-escalated in recent weeks. China is the United States' largest trading partner, and many Chinese stocks have suffered over the last year and a half.
As trade talks have resumed, there is a possibility for these stocks to recover and even reclaim their record highs. Here, we look at two Chinese companies -- NetEase (NASDAQ: NTES) and iQiyi (NASDAQ: IQ) -- that generate almost all of their revenue in China and are part of attractive, high-growth markets.
NetEase is a leading gaming company, publishing titles for both PC and mobile applications. According to research firm Newzoo, NetEase is the seventh-largest gaming company in the world by revenue. Its popular releases include Knives Out, Identity V, and Tianxia 3.