Treating China as 'un-investable' would be 'wide off the mark,' JPMorgan strategist says

Even as China's economy is facing difficulties, treating it as un-investable like some analysts have suggested would not be the right call, John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, told CNBC's "Squawk Box Europe."

"I don't think you can treat the world's second-largest economy as either an alternative investment or un-investable, that would be wide off the mark," Bilton said.

Doubts about investing in China have emerged as the economy is battling pressures from deflation, lackluster economic data that suggests an economic slowdown, and a struggling property market.

Uncertainty around monetary policy and a shrinking labour force are further causes for concern, Bilton noted.

"Some more joined up policy with regard to the direction of monetary policy, tackling the disinflation issue that's there, and also some sign that the real estate issues are behind us I think are going to be key there," he explained.

But despite the problems, there are opportunities for investors in China, Bilton argued.

There are still opportunities for investment in both government debt and individual stocks, he told CNBC's "Squawk Box Europe" on Mon.