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"Chinese companies like China Gezhouba Group and China Petroleum and Chemical Corp, the country's biggest geothermal developer, have accumulated investment knowledge from their projects overseas during the past few years, and they have the strength to help Latin American countries to improve local construction," he said.

"Currently, the overall risk of the country's financial system is controllable, but the financial sector is still in a risk-prone period due to multiple factors and is still facing a tough situation," he said.

"China's ability to lead infrastructure investment in the Belt and Road countries, especially in Africa, Central Asia and the Middle East, will bring growth to areas where it is needed," Yueh said.

"Compared with a currency under pressure, the bursting of an asset bubble is a more serious problem, and policymakers need to be very careful about the monetary policy, to prevent tightening too much," said Yoshiki Takeuchi, director-general of the International Bureau of Japan's Ministry of Finance.

"China's economy has sound fundamentals, great potential and a high level of resilience, and will continue to grow at a stable and relatively fast pace," it said.