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Analysts from China International Capital Corporation Ltd wrote in a report that companies with their business focused on upgraded consumption and new economy are likely to show strong performance in the mid- to long-term.

And speaking of the slopes, former Expedia CEO Erik Blachford has joined the board of Liftopia, a San Francisco startup that describes itself as the “largest online marketplace for discounted?ski lift tickets?and mountain activities.” The company today launched a new iPhone app that allows skiers to get deals on lift tickets, and browse snow conditions at more than 150 popular ski resorts. Liftopia says that it offers up to 80 percent discounts on lift tickets.

And in China, Bannon is notorious for his pre-White House clamor about a war with China in the South China Sea, as well as the latest call for the US to be "maniacally focused" on an "economic war with China", which he said is "everything" to him.

Analysts believe the moves were made to stabilize market expectations as banks' liquidity demand could increase due to taxes and required reserves as well as more maturing securities.

Andrew Liveris, CEO of the US-based Dow Chemical Co, agreed with Li's position on globalization, saying it is "like gravity" and unstoppable.