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Analysts said the inflation rate may continue at relatively high levels in the coming months, but will not rise strongly, in a way that could affect the country's stable monetary stance. The reading was the highest since February 2018, when it was 2.9 percent.

And he has withdrawn, or sought to pull out of, multilateral deals his country has signed before. From the Paris climate accord to the Iranian nuclear deal, Trump has demonstrated he is totally unconcerned about the US being good to its word.

And then there’s Amazon’s growing network of fulfillment centers, which are sprouting with more regularity throughout the country.

Analysts at GF Securities said that foreign securities firms in China have the advantage in areas including derivative trading, asset management and wealth management services over local players. But it is challenging for foreign firms to compete in the onshore securities brokerage and underwriting business in the short run given that they may face limited market channels and higher capital constraints.

Andrew Leung Kwan-yuen, president of Hong Kong's Legislative Council, also welcomed the security law, saying he believes it will protect the vast majority of law-abiding residents in the city.