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And China still has many cards to play. It could, for instance, consider targeting the cross-border service trade in which the US enjoys a huge surplus with China. And US multinationals in China, which have pocketed tremendous profits in the world’s largest consumer market and account for a major part of China’s nominal trade surplus with the US, could also be a target if the Trump administration announces further tariffs targeting Chinese goods.

And 56.9 percent of the AI companies in Beijing have not completed A-round financing, indicating that most are still in the start-up stage with potential for further development.

And the company is losing customers too. Blue Apron’s decision to cut marketing spending by .1 million in the quarter played a role in the 9 percent reduction of its customer base this quarter to 943,000 down from about 1 million customers last quarter.

Analysts say the number of Chinese merchants selling on Amazon's US site began to pick up over the last five years after it introduced measures that allowed sellers worldwide to store products at Amazon's warehouses and provided help in shipping those goods to customers.

And Nio will continue with its battery swap strategy, believing it is as important as battery charging. Currently, it has around 140 battery swap stations across the country, with one added to the list a week on average.