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Analysts pointed out the latest development also reflected a broader trend where companies globally all started to realize that any behavior obstructing fair and free trade will hurt their interests in the end.

Analyst said relations between the two countries are unlikely to improve in the short term.

Analysts from Morgan Stanley Huaxin Fund Management Co Ltd wrote in a note that Chinese people will allocate more of their household assets to equity investment in light of the low interest rate at the moment. As the market sentiment stabilizes, additional capital will continue to flow into the A-share market, which will bolster the positive, long-term outlook for the A-share market.

Analysts said China is even more important to Daimler as it is transitioning under the new boss toward its strategies including electrification and vehicle sharing.

Andrea Cincotto, secretary-general of Penknife Investment Srl, said consumers can wear the bracelets for a week to constantly record and monitor data of sleeping rhythm. Such data will be continuously and automatically transmitted to cloud computing servers for analysis.