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Analysts have put the total loss inflicted by Hurricane Michael to be between 15 and billion.

Analysts believed the move, which will take effect on Oct 15, is meant to further fuel the country's real economy and fend off potential risks brought about by global trade uncertainties and downward pressure. The RRR cut will inject 1.2 trillion yuan (4.7 billion) of commercial bank deposits from the central bank to the banking system, according to a statement on the People's Bank of China website.

And Trump has been pressing India to reduce tariffs to bridge the trade gap. This visit was no exception for Trump who had once termed India as a "tariff king".

Analysts from Pacific Securities wrote in a note that consumer companies have been undervalued since the A-share meltdown over the past few years. But overseas investors usually hold a positive outlook for these companies and hence are investing in their shares.

Andrew Zimmern samples Taiwan noodle soup and pork roll at Happy Stony Noodle in Elmhurst, Queens in New York. [Photo/Agencies]