Can China withstand global funds shifts?

Can China be an exception?

Compared with the currency depreciation and stumbling stock markets in other emerging powers, China's yuan remained stable, so was the Chinese stock market.

Some observers contributed this to China's balanced trade and fiscal policy, sustained economic growth and strong capacity to accommodate the global spill-over.

Reports said the two pools -- a $3 trillion foreign reserve and a 20-percent RRR (reserve requirement ratio) -- that China's central bank stressed have played a big role in stabilizing national liquidity when the dollar rises and international investments flee.

Zhou said investors consider low-quality economies more fragile to outside risks, but in comparison, China's current account is balanced and its national finance runs better.

The latest statistics also eased the worries of some investors about China's economic slowdown.

In July, the pace of China's import and export growth both turned positive. The index of national industrial enterprises with sizable scale has speeded up.

In August, China Manufacturing Purchasing Managers' Index released by HSBC and the national statistics bureau was better than expected.

At present, inflation has been kept at a low level in China, and so was its dependence on hot money.

Experts suggest China continue to push ahead with its economic restructuring and expanding domestic consumption, hence making itself less susceptible to external influence.