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"Gaining knowledge through foreign partnerships can help Chinese enterprises further develop expertise, and enable them to enhance global credibility in the infrastructure sector," Wijeratne said in an article published on the World Economic Forum website.

"Generally speaking, there are slightly more of the weather events this year, which also came a little bit earlier," he said, adding that it's hard to forecast the frequency of devastating events.

"Fueled by increasing demand from emerging industries, such as technology, healthcare, and finance, we anticipate the Beijing office market to be well on the road to recovery as early as the end of 2021."

"Given the gradually rising, yet considerably tame outlook for inflation in 2020, we believe the Federal Reserve is likely to sit on the sidelines throughout the year with interest rates remaining steady at the current 1.5 percent to 1.75 percent," the S&P Global analysts said.

"For professional agencies dealing with non-performing assets, the market access could be lower. And we suggested to open the market to foreign institutions to join the trading in bonds in default."