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"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.

"But we have our ways to deal with the problem. E-commerce is just one section of business for wecarepet.com. In addition, we offer customized services like online healthcare consulting for pets and other businesses like running online discussion communities. We integrate those sections with e-commerce like offering consulting (via online or telephone) with our veterinarians at cheaper prices, or sales memberships that allow consumers to consult online veterinarians an unlimited number of times. The key is to offer more customized services and find the niche market suitable for us," Lu said.

"China and Brazil are the world's foremost emerging markets with enormous opportunities for our ride-booking industry. We look forward to working with more global partners in creating better mobility services for our cities as we reshape the future global transportation system," Cheng said.

"But the policymakers would need to skillfully manage liquidity so that the case does not fuel a series of defaults, which would make the market nervous. We expect the Chinese government will be able to manage the rising credit risks in China," Pang added.

"China is already being recognized as a major financial market. We are excited to be part of this process as we work closely to support our clients with their custodial requirements."