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Data from the China National Tourism Administration showed tourists made 386 million trips during the holiday, a 12 percent year-on-year increase, and the tourism industry earned 475 billion yuan (about billion) in revenue, up 12.6 percent from last year's holiday.

Debt is a problem in the region, and one that appears to be increasing in importance. "But for most countries it is not debt to China that is of concern. Keep that in mind next time you hear that the Pacific is drowning in Chinese debt," they urged.

Dan Ives, managing director of equity research firm Wedbush Securities, agreed that the conversation was “grandstanding and more noise, at least in the near-term,” in an interview with CNBC. But he added, “most at risk would be Amazon.”

Daimler is acquiring a stake of around 3 percent in Chinese battery cell maker Farasis Energy as part of efforts to ensure a secure supply for its subsidiary Mercedes-Benz' ambitious electrification strategy, the German group said on Friday.

Data suggest China's online meal ordering market increased from 21.68 billion yuan (.3 billion) to 166.24 billion yuan from 2011 to 2016, an increase of nearly eight times in six years, and it is expected to exceed 200 billion yuan in 2017.