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And since the deployment of THAAD in the ROK is now seemingly done and dusted, China and Russia have no choice but to respond.

Analysts have attributed this premature listlessness to mounting social pressure China’s millennials face - skyrocketing housing prices, competitive job market, and rising cost of living.

Andy Dale

Analysts from China International Capital Corporation Limited wrote in a note that the reverse repos will be able to give enough room to financial institutions in terms of providing support to the micro and small-sized enterprises and privately owned companies.

And British online retail group Asos also pulled out of China in 2016 after it failed to compete with large, native e-commerce retailers.