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And on Sept 3 India banned an additional 118 Chinese-owned apps, including the popular game app PUBG.

Anbang, known for a string of high-profile overseas acquisitions, has total assets of about 1.97 trillion yuan (1 billion). It was ranked 139 on the Fortune Global 500 list last year, according to its website.

Analysts predict this year’s Prime Day will be the biggest in Amazon’s history, with revenue of about .5 billion expected. Amazon says Prime members saved more than .4 billion in discounts this Prime Day and the most popular item purchased globally was the Echo Dot.

An official with the city's legislature also told Xinhua the regulations will offer legal guidance to future island development by specifying supervisors and application procedures.

Analysts said the uptick in CPI growth will not constrain the nation's commitment to expanding domestic demand, as the figure should soon decrease with the abatement of flood impacts and a high base last year.