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Analysts said the trend is expected to continue in March and April.

Andrew Karolyi, a professor of finance at Cornell University, said investors will welcome the action largely because it appears to be tied to an impending agreement set to normalize trade relations between the two major economies.

Angel Gurria, the OECD's secretary-general, said the nation's continued development and successful transition from a country with double-digit growth rates to one with more sustainable high single-digit rates has been its most notable achievement during the past five years.

Analysts say China is critical to global automakers.

And that's not all: The town in western Japan doesn't even have trash collection service. The 1,500 residents have to transport their waste themselves to the local facility.