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"China has been investing in infrastructure in South America for a while," Leeds said. "So, from our perspective, we don't think that's news - just additional competition. Brazil and Argentina still have a long way to go, but these investments are certainly closing the gap on their ability to compete with the US."

"Caterpillar was also developing new financial solutions for customers operating in emerging markets", Istas added.

"China is a big and responsible country. It's developing fast and influencing the world economy, especially that along the Belt and Road Initiative," he said. "Many countries will benefit from it."

"But people will come back."

"China can help the international community overcome several of the major challenges facing the global economy," including providing debt relief to low-income countries and sustainable financing for global infrastructure investment, said IMF First Deputy Managing Director Geoffrey Okamoto, following his policy discussions with Chinese monetary authorities and financial regulators.