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By May 15, a total of 739,000 micro and small-sized enterprises, small business owners and individually owned businesses had deferred loan principal repayments worth 852.56 billion yuan altogether.

By 2 pm, Wednesday, the average wholesale price of pork, a staple meat in China, stayed unchanged at 48.8 yuan (.97) per kg, while eggs gained 2.5 percent to 6.63 yuan per kg.

But the most noteworthy platform is perhaps Xiaohongshu, or Little Red Book. Targeting 18-to-35-year-old Chinese urban women, the platform helps 250 million users discover and buy luxury, fashion and beauty products from overseas, share shopping tips and swap fashion ideas.

But that does not mean things will proceed as Beijing wishes. With the .2 billion arms sale to Taiwan announced last week, it is clear that neither the current US administration nor Congress is going to ignore Taiwan's value as a bargaining chip. Not to mention there always are those hawks standing ready to exploit every opportunity to make trouble for China-US relations.

But there could be setbacks in the industrial profit rally as uncertainties continue to plague the recovery in demand, said Zhang Deli, chief macroeconomic analyst at Yuekai Securities.