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"China is a huge country and huge economy, it gives hope to the smaller countries like the Philippines because China is thinking this way. This is the right way," Lopez said.
"China has demonstrated a strong willingness toward de-risking," said Nicholas Zhu, vice-president and senior credit officer at Moody's Investors Service. Zhu said global credit ratings agencies are keeping a close watch to see if financial leverage increases due to the stimulus measures for curbing downside pressures on the economy.

"Central banks will remain crucial to safeguarding the stability of global financial markets and maintaining the flow of credit to the economy," Tobias Adrian, the financial counsellor and director of the IMF's Monetary and Capital Markets Department, said Tuesday at a press briefing.
"Buying home is still a hot topic in smaller cities like my hometown Jinhua in Zhejiang province, with considerable people making the purchase during the Chinese New Year holiday," said Yan Yuejin, research director of the E-House China R&D Institute.
"China has maintained its growth resilience and gained reform momentum. The authorities have undertaken a host of policy and regulatory measures aimed at reducing macroeconomic imbalances and limiting financial risks without notable impact on growth," said John Litwack, World Bank Lead Economist for China.
来源:资阳报