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And finally, in a recurring proposal, Newground Social Investment calls on the company to issue a regular, detailed report on its political contributions and expenditures. Amazon’s board recommends that shareholders vote against this proposal, as well, citing the company’s?existing annual political expenditures report.

Analysts say current headwinds only highlight the necessity of using reforms to shatter institutional shackles and unleash vitality for sustained growth.

Analysts are still bullish, despite the near-term impact on margins.

Analysts also pointed out enormous potential for the two countries to cooperate on other areas, such as the Belt and Road Initiative, and expect a closer China-Germany partnership to improve inclusive growth and global economic governance.

And enterprises are adjusting their marketing strategies to target young consumers. Traditional Chinese herbal anti-hair loss shampoo brand Bawang Group launched an intellectual property (IP)-protected cartoon "Bawang elf family", which was drawn on the product package to attract young consumers. It also teamed up with gaming companies to launch crossover-brand products.