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"China is wise and capable of tackling risks and challenges" even if the financial sector enters into a phase of "risk explosion", said Li Yang, director of the National Institution for Finance and Development, or NIFD, under the Chinese Academy of Social Sciences.

"China has the world's most complete industrial system and has the world's largest domestic market. The industrial fundamentals in China also remain good. So we believe the impact will be controllable," Xin added.

"China has a very clear goal to largely develop direct financing," he added.

"China is also willing to strengthen exchanges and cooperation with South Sudan in disaster prevention and mitigation, so as to reduce the loss of people's lives and property caused by natural disasters," the Chinese envoy added.

"But their pre-emptive evacuation is low … The people did not have a full understanding of the effects on the soil of extended rains," said Jalad.