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"Co-working is an emerging industry with much space to explore and innovate in, and the market is far from saturation," he said.

"Companies from both nations are highly complementary, showing great potential and broad prospects for cooperation in third-party markets," Wang said. "Austria has unique advantages in fields including mechanical equipment manufacturing, environmental protection, engineering design and healthcare. China has rich experience in fields such as infrastructure, energy development, machinery and equipment and financing."

"China's regulators are probably just going to let it follow market forces at this point instead of using its precious dollar reserves to defend the currency," Lee said.

"Corporations are diversifying their investments by increasing RMB bonds, instead of focusing on investment in US dollar bonds," said Ivan Chung, head of China credit research and analysis at Moody's Investors Services.

"China's crude steel production capacity is the largest in the world, but its high-end steel output capacity is inadequate," he said.