Possible clues to China's fate could be gauged from how the world reacted to Japan's economic malaise, according to HSBC economist Frederic Neumann.
The data reinforced concerns that Beijing's efforts to lower the cost of conventional credit are not transmitting to the real economy.
Taiwan is heading to the polls for a closely-watched general election that looks set to strain its already fraught relationship with China.
Indonesia's central bank cut its benchmark interest rate by 25 basis points to 7.25 percent to support sagging economic growth.
Prices have tanked 20 percent just two weeks into this year and are about 70 percent lower since the summer of 2014 when prices started declining.
Daryl Liew, head of portfolio management at REYL Singapore, says the sell-off in markets is the result of investors reading negative technical signals.
Although market focus is on an oil supply surplus, demand side pressures are also hurting prices, senior economic advisor Stephen King warned.
Wellian Wiranto, economist at OCBC, says despite China worries, he still expects a rate cut from the Indonesia central bank.
BofA Merrill Lynch's Ethan Harris says rather than fret over uncertainty in China, investors should look at the market for what it really is: overdone
Valentin Marinov, head of G10 FX research at Credit Agricole, explains why markets don’t need hard data to buy the Japanese yen when risk aversion soars.
Michel Landel, CEO of Sodexo, says he sees a lot of potential for business in China, although some volume with existing contracts has declined.
Oil is being slammed by a severe erosion in market confidence caused by the weak global environment, according to a top energy expert.
Competitive currency devaluations in Asia can be avoided if China explains that the weaker yuan is the result of a stronger dollar, says David Fernandez, APAC chief economist at Barclays.
Markets are focused on the U.S. jobs picture, the Federal Reserve and price stability, explains Gavin Parry, MD at Parry International Trading.
China's December exports fell 1.4 percent from a year earlier, while imports slid 7.6 percent, both much less than economists had expected.
If Starbucks is planning to expand in China, does it mean that worries of a slowdown are overblown?
The infrastructure spending helped create 13 million new jobs, the top economic planning agency said.
CNBC's Eunice Yoon investigates how the yuan's falling value is leading people in China to exchange for dollar currencies.
Lucy Macdonald, CIO of global equities at Allianz Global Investors, says the sources of volatility were the unexpected yuan devaluation and falling oil prices.
CNBC's Susan Li reports on China's market slide; and CNBC's Jim Cramer, weighs in.
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