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And yet, it’s hard to believe that?a company so hungry to break into?new markets would abandon the smartphone space after one failed attempt.?Amazon has invested heavily in its devices in recent years, most notably the Echo smart speaker and Alexa, the AI personality that powers it.?Alexa is wildly popular and quickly gaining new skills and expanding to other devices. Microsoft’s Cortana and Apple’s Siri have found homes in smartphones. Could Alexa give new life to a second?Amazon smartphone?

Analysts predict producer inflation will gradually stabilize during the rest of the year and the consumer prices will remain subdued.

An official with the education bureau of Jianggan district said they welcome such innovative measures, "as long as they are within a moderate and reasonable range".

Analysts pointed to loose US monetary policy and positive housing data as other supportive factors to stocks during Monday's session, as low borrowing rates have buoyed homebuilders.

Ana Goguadze, a Georgian Sinologist and founder and president of Georgian-Chinese media platform Sinomedia, said that China has opened its door to the world and "showed its power and humanity" at the same time.