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"Further debt-funded investment may mitigate economic stress in the short term," said Amanda Du, an analyst with Moody's Investors Service. "However, the challenges associated with structural rebalancing will become more prominent, and fiscal stress from the coronavirus and the associated economic slowdown will remain high over the long term."

"Governments around the world, particularly China, the United States, and UK, have taken unprecedented steps to legislate against the ivory trade," he said. "But, as the ivory market is closing down in some countries, it is being displaced elsewhere."

"For investment in artists to be maintained and for the market to continue to develop, more must be done to safeguard the value of the music and reward creativity," said Frances Moore, the chief executive officer of the International Federation of the Phonographic Industry, which represents the interests of the recording sector worldwide.

"For CNPC, as well as other oil and gas companies, China's increasing appetite for natural gas provides an alluring new growth momentum, when oil consumption growth has slowed down," said Lin Boqiang, head of the China Institute for Studies in Energy Policy at Xiamen University.

"Growth will continue, and systemic risks will decline, which should give investors mid- to long-term investment opportunities in the China market," said Wang Hanfeng, an analyst with CICC, in a research report.