Analysts dismissed fears of a hard landing of China

"The Chinese government still has plenty of ammunition"

Many analysts see little chance of a hard landing for the second largest economy in the world ..

"China's economy is slowing, but not a crisis or a hard landing," said Brendan Ahern, chief investment officer at KraneShares.

Torsten Slok, chief economist at the International Department of Deutsche Bank, also downplayed concerns.

John Carnes of Eos Funds is adamant saying that a hard landing ... almost impossible. "The Chinese government will stimulate the economy, regardless of the long-term costs, however, will print lots of money needed to keep the banks," he said.

Just this week, the People's Bank of China cut its main interest rate by 25 basis points and the requirements for maintaining reserves of banks by 50 basis points. Also injected $ 21.8 billion into the economy through short-term loans.

For now, the aggressive actions have failed to reassure investors. Shanghai Composite Index fell for a fifth session on Wednesday. However, analysts in most believe China has enough capacity to support the economy.

"The Chinese government still has plenty of ammunition to stabilize the markets and to support the economy," said Carnes. "
China's foreign exchange reserves amounted to $ 3.69 trillion at the end of June is still the largest in the world.

Eventually, some analysts say it may not be a bad time to selectively invest in Chinese shares.

Investors need long term to invest in China, said Ahern.