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"For firms of relatively better credit profiles and some large companies with their own businesses abroad, overseas bond issuance is a good choice, given the dollar appreciation and large spreads," said the bond department director.

"Guangdong was one of the earliest participants in China's opening-up to the outside world," said Long Guoqiang, deputy director of the Development Research Center of the State Council.

"Given that growth in the past decade or so was very much driven by debt-financed investment, deleveraging may lead to a sharp reduction in investment," Molnar said. "Therefore it is important to make sure that investment projects with a net present value obtain financing."

"Financially, the company's 2019 performance was short of our original expectations, mostly because our operational execution -- which we usually do very well-- wasn't nearly good enough. We recognize, take accountability for and have made changes because of this," said Jim Hackett, Ford president and chief executive officer.

"From cross-border trade, to free trade zones, and the China International Import Expo... what we see as a foreign company is a more and more open market in China. It not only means simplified procedures and efficiency, but actually boosts business."