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"By joining in managing global economic issues and overcoming crises, China's participation in the G20 meeting is playing a decisively important role in stabilizing the global economy," the professor noted.

"China is promoting home rentals. This shows the country's concern for its people. We are happy to play a part," he said at the news conference on Dec 20.

"China not only has a long history but many modern elements, too. Today, we wanted to show the Chinese people's spirit through the show," he said, adding that he feels this combination will be a trend of large-scale shows in China.

"Central banks in the Asia-Pacific region have followed or will follow the Fed's move by ensuring that they have done what they can to add liquidity to the financial system and work to avoid the grinding to a halt of funding markets," said Daniel Gerard, senior multi asset strategist at State Street Global Markets.

"But the US is pragmatic. It will give some degree of support and hope to Taiwan's current administration, but it will not defend Taiwan with actual soldiers," he said. "The Taiwan residents have various needs, but security and economic development are the top two priorities."